Guilherme Campos and Riccardo Benussi to meet with Key Stakeholders in Portugal and Spain
To arrange a meeting in Europe or a call with Guilherme and Riccardo to discuss doing business in Asia, please get in touch here.
Guilherme Campos, International Business Advisory Manager based in South China’s Greater Bay Area, will travel to Europe on April 8, 2022, on a three-week trip to visit key clients with Asian investment and partners in Portugal and Spain. He will be joined by our Head of European Business Development, Riccardo Benussi. Originally from Portugal, Guilherme has spent the last three years in Hong Kong and China since the pandemic began.
Helped by swift and effective policy action and an over 80% fully vaccination rate, Portugal’s economy is recovering from the COVID-19 crisis. According to the European Commission’s Winter 2022 Economic Forecast released in February 2022, Portugal is tied with Ireland as the third fastest growing country in the euro-area this year. Based on the provisional forecast, Portugal’s GDP will grow by 5.5% in full-year terms. Spain’s economy, on the other hand, was adversely impacted by the rapid infection rates in December 2021, which could last through Q1 2022. However, a rebound is projected from the second quarter.
This forecast also assumes that the pressure on the EU economy caused by the current surge in infections will not last long. Economic activity is set to regain momentum, also as supply conditions normalize and inflationary strain moderates.
With the economy rebounding, European companies will be able to jumpstart plans put on hold during the pandemic and continue to drive direct investment into Asia.
Guilherme and Riccardo are looking forward to meeting with key stakeholders to discuss in depth how to further foster Asia investment plans, as well as to make new friends along the way.
Dezan Shira & Associates’ Presence in Europe
Europe has significant trade and investment dealings with Asia – ASEAN and China are both among the bloc’s top three trade partners outside the EU. With parts of Asia rapidly developing and the EU pursuing trade agreements with Asian counterparts, there is a wealth of opportunities for European investors in the region.
Incorporated in Munich in January of 2021, Dezan Shira & Associates’ German office serves as a first point of contact for European companies wishing to do business in Asia. The team here works with a variety of partners to educate more businesses on the economic performance and regulatory environment of developing Asian economies.