On December 14 and 15, Jingtian & Gongcheng, together with Mayer Brown, jointly sponsored “Brazil Investment Guide” symposiums in Shanghai and Beijing respectively. Several dozen businessmen who are interested in Brazil attended the events.
Under the B&R initiative and the international production capacity cooperation strategy of the Chinese government, China’s investment in Brazil is constantly rising in the past few years. China supports businesses to be involved in the infrastructure construction and operation of energy, rail, highway, port and telecommunication projects, and the Sino-Brazil Production Capacity Cooperation Fund will provide financing to major projects between the two countries. Right now there are many Chinese companies investing in Brazil with significant amount. In order to cater to this trend and help Chinese companies better understand Brazil, better predict the future and avoid potential risks for long-term development, Jingtian & Gongcheng sponsored this symposium.
The topics of the symposium cover political and economic conditions of Brazil, legal environment and commercial opportunities, etc. Partners of Jingtian & Gongcheng explained to the audience legal consideration and risk control in overseas investment. Partners from Mayer Brown’s Brazilian associate law firm Tauil & Chequer Advogados talked about how to make investment in Brazil.
Partner Li Zhuoru and partner Hu Yongqing from Jingtian & Gongcheng explained in detail on “legal consideration and risk control in transactions of foreign investment” in Shanghai and Beijing respectively, summarizing the roles and requirements of NDRC, Ministry of Commerce, People’s Bank of China, State Administration of Foreign Exchange in regulating foreign investment. They also talked about issues concerning commercial terms, deal structure and process management, etc.
Alexandre Chequer, partner of Tauil & Chequer Advogados, delivered a speech on “investment opportunities in Brazil under B&R. He made a brief introduction on the investment environment in Brazil in terms of political situation, legal stability, business opportunity, regulation framework and market conditions, and highlighted key issues of M&A deals in Brazil.
Jingtian & Gongcheng has long-term experience in cross-boarder deals and has established extensive networks of cooperating law firm throughout the world. Jingtian & Gongcheng has a joint operation with Mayer Brown JSM in Hong Kong, which is committed to providing premium legal services to clients home and abroad.
