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L

16 February 2023

Legal Update/Mozambique: Value Added Tax Code

Mozambique has reviewed its Value Added Tax (VAT) Code, establishing new exemptions for exchanges of goods and services, according to official legal database Legis-PALOP+TL.

Lobito Corridor set to become the world’s most important critical minerals railway

Angola, Zambia, and Democratic Republic of Congo (DRC) have taken major steps to create a trade corridor that could transform how the region’s resources are shipped.

T

15 February 2023

Taiwan Cement Corporation (TCC) enters EV charging business in Portugal

Atlante, an Italian company that belongs to the French group NHOA, owned by Taiwan Cement Corporation (TCC), is entering the electric vehicles charging business in Portugal.

P

15 February 2023

Portugal becomes first EU country to purchase made-in-China metro train

The first of the 18-set metro trains made by Chinese company CRRC Tangshan was delivered to the Porto Metro company of Portugal.

J

14 February 2023

Japanese cooperation agency JICA to support refurbishment of Dili International Airport

The Government of Timor-Leste and the Japanese cooperation agency JICA signed a cooperation agreement for the refurbishment project of Presidente Nicolau Lobato International Airport, in Dili.

E

14 February 2023

EDP Renewables opens in Brazil its largest wind power complex in the world

EDPR, whose parent company EDP has China Three Gorges as its largest shareholder, has opened its largest renewable complex in the world in Brazil.

F

13 February 2023

Former Brazilian president Dilma Rousseff to lead BRICS bank

The Lula government agreed with its partners in the BRICS group (Brazil, Russia, India, China and South Africa) to nominate former president Dilma Rousseff to head the New Development Bank (NBD).

C

13 February 2023

China becomes main destination of Brazilian corn exports

China became the main destination of Brazilian corn exports in January by volume, surpassing traditional importers like Japan, Iran and Spain.

China’s central bank sets up yuan clearing arrangements in Brazil

China's central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, in a move to help boost the currency's global clout.

N

10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019

China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
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