The Brazilian Association of Software Companies (ABES) and the international division of the ZGC Group, one of the main organizations responsible for fostering innovation and technological entrepreneurship in China, have formalized the signing of a letter of intent to create a strategic partnership between the technology ecosystems of Brazil and China.

The central proposal of the letter of intent is the creation, with the support of ABES, of a “China Desk” in Brazil, which will function as a permanent platform to facilitate business connections, identify opportunities for technological collaboration and support the internationalization of Brazilian and Chinese companies.

The initiative aims to boost strategic partnerships, support joint ventures and collaborative projects, guide Chinese companies interested in the Brazilian market and help Brazilian companies access the competitive Chinese technological ecosystem. The parties have undertaken to formalize the operational details of the partnership within the next 90 days.

(Source: TI INSIDE Online, on 31 March)