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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
A number of food and drink products from Portugal have been granted Protected Geographical Status under European Union law and UK law through the Protected Designation of Origin (PDO), Protected Geographical Indication (PGI) or Traditional Speciality Guaranteed (TSG) [1] regimes.
Continental Portugal 327,667 km 2; Madeira Islands 446,108 km 2; Azores Islands 953,633 km 2; Total: 1,727,408 km 2; Portugal submitted a claim to extend its jurisdiction over additional 2.15 million square kilometers of the neighboring continental shelf in May 2009, [2] which would result in a marine territory of more than 3,877,408 km 2.
BTG Pactual helps companies, [23] financial institutions and governments to obtain funding by issuing securities, and through structured and guaranteed loans. It also provides services in M&A, IPOs, FX operations, as well as trading in derivatives and commodities.
Electricity on Madeira is provided solely through EEM (Empresa de Electricidade da Madeira, SA, which holds a monopoly for the provision of electrical supply on the autonomous region) and consists largely of fossil fuels, but with a significant supply of seasonal hydroelectricity from the levada system, wind power and a small amount of solar.
[82] [83] Also in 2021, labour productivity (PPP) was the fifth lowest among the 27 member-states of the European Union (EU) and was 35% lower than the EU average. [ 84 ] [ 85 ] By 2022, the Portuguese productivity of labour had fallen to the fourth lowest position among the 27 member-states of the European Union with only Bulgaria and Greece ...
Some areas, such as the Azores, Madeira and Macau, were deemed either impractical to decolonise or too close in ties to Continental Portugal to make independent. However, due to their distinct geography, economy, social and cultural situation, as well as historical aspirations of autonomy in Madeira and the Azores, the autonomous regions were ...
ISO 3166-2:PT is the entry for Portugal in ISO 3166-2, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), which defines codes for the names of the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1.