RIO DE JANEIRO, BRAZIL – Norwegian business ties with Brazil are rapidly expanding, especially in the areas of shipping, and the booming oil and gas industry. Norway ranks number seven on Brazil’s list of most important trading partners, and in 2010 the total trade between the two countries increased 47 percent from 2009 to US$2 billion.
Playing an important role in that is the Norwegian-Brazilian Chamber of Commerce (NBCC) located here in Rio. The NBCCwas established in 1995 as a non-profit and non-political association to promote trade and foster business, financial and professional interests between Norway and Brazil.