Businessman Otacílio Soares Filho was re-elected to the position of president of the Luso-Brazilian Chamber of Commerce and Industry (CCILB), with the proposal to strengthen three strategic axes in this term.
The first is create continuous learning opportunitiesnetworking and high-level interaction with regular events. After, provide relevant data and insights into the Portuguese and Brazilian markets with the provision of information. Finally, focus on generating new business and qualified networking with the creation of opportunities. To this end, five committees were created to guide these activities.
O DN Brazil spoke with Otacílio, born in Minas Gerais, about this new mandate and an assessment of relations between Brazil and Portugal. Immigration was another topic of conversation – a subject that also marked the chamber’s last networking meeting, held last week in Lisbon, with concerns about a possible lack of labor in Portugal due to changes in migration policy.
What does the reappointment to the presidency of the Luso-Brazilian Chamber of Commerce and Industry mean?
The reappointment represents a vote of confidence in the work carried out by the management team and in the strategic vision that we have been implementing. It is also a renewed commitment to strengthening economic relations between Portugal and Brazil, at a particularly relevant time for both countries.
What do you consider to have been the main results achieved in the previous term?
I highlight the revitalization of the Chamber, the increase in the number and diversity of members, the creation of active thematic committees and the holding of events with economic and institutional impact. We are able to bring companies, public decision-makers and investors together, generating concrete business and partnership opportunities.
What will be the strategic axes that will guide this new mandate?
The focus is on attracting investment, supporting the internationalization of companies, the ESG agenda, innovation and technology, and deepening institutional dialogue. We want an even more relevant, practical and results-oriented camera.
How do you evaluate the current situation in trade relations between Portugal and Brazil?
We live in a very positive moment. Brazil once again looked to Portugal as a gateway to Europe, and Portugal recognizes Brazil as a strategic partner, not only because of its historical ties, but because of its economic complementarity and growth potential.
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Are there specific barriers that still hinder investment between the two countries?
There are bureaucratic, fiscal and regulatory challenges, especially in the initial phase of investment. However, these are barriers that can be overcome with adequate information, planning and institutional support, exactly where the chamber, with its members, can and should act.
What role can the Chamber play in attracting Brazilian investments to Portugal and vice versa?
The Chamber acts as a qualified bridge. We offer, through our associates, local knowledge, access to institutional, business and financial networks, and help reduce risks. Our role is to facilitate informed and sustainable investment decisions.
How do you see the current situation of immigration in Portugal?
Immigration is today a structural reality of the Portuguese economy. Portugal needs immigrants to sustain economic growth, respond to the aging population and fill gaps in the job market.
Could the recent restriction of the law for the CPLP bring a labor problem to Portugal?
Maybe yes. It is essential that there is a balance between control, integration and economic necessity. Excessive restriction could worsen labor shortages in key sectors. The challenge is to create responsible migration policies, but aligned with the country’s real needs.
amanda.lima@dn.pt