IBCM Presented at the 11th Ibero-American Business Meeting

On November 18th, SDM participated at the 11th Ibero-American Business Meeting, organized by the Institute for the Promotion of Latin America and the Caribbean (IPDAL), during which it presented the International Business Centre of Madeira (IBCM) to an audience of ambassadors from South America and the Caribbean.

Under the theme “From the periphery to the forefront: how Madeira can serve as the gateway for Latin America and the Caribbean to Europe”, Rogério Gouveia, President of SDM, highlighted Madeira’s strategic position as an Atlantic platform connecting Europe, Africa, and the Americas, emphasizing the advantages of the IBCM within the context of the forthcoming EU–Mercosur agreement.

He outlined to the attendees Madeira’s geostrategic advantages as an ultraperipheral region, strategically located along the Europe–Africa–Americas trade route, with the capacity and potential to provide direct access to 450 million consumers in the European market.

In his presentation, which followed the screening of the new IBCM promotional video, Rogério Gouveia also underscored the legal framework of the International Business Centre. Being fully integrated into the European Union under Article 349 of the TFEU and within the Portuguese and European legal systems, and not classified as a tax haven by the OECD, the EU, or the FATF, the IBCM offers international investors legal stability and predictability.

SDM's new institutional video