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Content publication date

July 26, 2011

Prominent corporate and government figures will participate during the First Colombia-Brazil Corporate Forum this 4th of August in Bogota, sponsored by the Interamerican Development Bank (IDB).

Prominent corporate and government figures will participate during the First Colombia-Brazil Corporate Forum this 4th of August in Bogota, sponsored by the Interamerican Development Bank (IDB). The Forum will be officially opened by Colombian President, Juan Manuel Santos, former President Luiz Inácio Lula da Silva, and the President of IDB Luis Alberto Moreno.

Over 500 corporate leaders and authorities from both countries are expected. The goal of the Forum is to increase trade and bilateral investments. IDB is organizing the event, together with the Presidential Office of the Republic of Colombia, and the Agency for Sales Promotion of Colombia, PROCOLOMBIA.

Exhibitors and moderators attending the event will include the Minister of Telecommunications of Brazil, Paulo Bernardo, and the governors of the States of São Paulo, Rio de Janeiro and Pernambuco. Exhibiting entrepreneurs include Jorge Gerdau, founder of the Competitive Brazil Movement, Luis Carlos Sarmiento from the Sarmiento Organization, Andre Esteves from BTG Pactual, Marcelo Odebrecht from Grupo Odebrecht, Germán Efromovich from Avianca, Jose Sergio Gabrielli de Azevedo from Petrobras, and Carlos Raúl Yepes from Grupo Bancolombia, among other distinguished names.

The value of the trade relations between Colombia and Brazil has multiplied by four since 2004, reaching US$3 billion per year. In spite of its growth, this figure is very distant from the real integration potential between the two countries with the largest population in South America. One of IDB's priorities is to foster further south-south integration.

IDB is the main source of long-term resources for Latin American and Caribbean development, and the Bank plans to increase the amount of resources to finance development through the private sector, for the entire region.

The event, which will take place at Club El Nogal in Bogota starting at 08:00 hours, is behind closed doors. 

Colombian journalists who wish to cover the Forum will have to register previously with Juan Pablo Turbay
Tel: 57-315-297-9012, jturbay@iadb.org

Brazilian journalists have to register with Janaina Goulart,
Tel: 5561-3317-4285, janainag@iadb.org