NEWS
S'pore and Brazil to boost economic ties
Minister for Trade and Industry Lim Hng Kiang will be on an official visit to Brazil from May 7 to 10, 2012.
Minister Lim will meet Brazil's Minister for Development, Industry and Foreign Trade Fernando Pimentel to discuss ways to tap the growing business opportunities in both countries.
Brazil is one of Singapore's top trading partners in Latin America.
In 2011, bilateral trade amounted to S$4.16 billion, an 11 per cent increase over the previous year.
The number of Singapore-based companies with interests in Brazil is growing, in sectors spanning oil and gas, ports and shipping, freight and logistics, commodities, aerospace, consumer electronics and information and communications technology
Emphasising that Singapore remains highly committed to enhancing economic collaboration with Brazil, Minister Lim will also be meeting with other senior officials, including the Governor of Rio de Janeiro Sérgio Cabral and senior representatives from prominent Brazilian companies.
Minister Lim will also visit Singapore companies in Brazil, including Keppel FELS Brasil's BrasFELS shipyard in Angra dos Reis. Keppel FELS Brasil is a wholly-owned subsidiary of Keppel Offshore and Marine.
