Lima – A new mission (October 22-29) promoted by the Cabinet and the Ministry of Economic Development in Chile, Peru, Colombia and Cuba will see the participation of Alessandro Castellano, SACE CEO. During the mission, new operations, worth €1.1 billion, in the 4 countries will be announced, and Alessandro Castellano will sign an important agreement with Banco de Chile to favor Italian exports in the country. The CEO will also present the new initiatives dedicated to Cuba, to encourage Italian exports and investments in this frontier market with high potential. With an insured export and investments operations portfolio in the four countries worth €1.5 billion, SACE is the first European company for export credit exposure. Italian exports in the four countries reached €2.2 billion in 2014, and these four countries hold great potential for Italian companies’ export. In particular, Chile, Peru and Colombia are among the first countries according to the Export Opportunity Index – an index developed by SACE that lists opportunities for Italian exports and ranks 195 countries in the world: Chile and Peru, with a score of 65/100 ( 0 = no chance and 100 = maximum opportunity), rank 15th, while Colombia with 64/100 is 16th. Cuba is experiencing a period of change in its economic model, boosting the manufacturing sector to reduce its dependence on imports, and here Italian companies can make the most of significant opportunities. (9Colonne)
