Marin, Costa discuss lack of tax treaty

Prime Minister Sanna Marin met with her Portuguese counterpart António Costa on Thursday in Porto and discussed various bilateral and European issues, said a government press release on late Thursday night.

The main themes of their meeting were increasing economic cooperation between the countries and topical EU issues.

Portugal has identified forestry development as one of the key areas of its post-pandemic economic recovery plan. One of the main objectives of developing forest management is to reduce forest fires, which have increased dramatically in Portugal as a result of drought caused by climate change. Finland and Portugal began their cooperation in the forest sector in connection with a trade mission in autumn 2018.

“Finland has leading expertise in the green transition and digital economy, which are of great interest to Portugal. Businesses should seize the opportunity and take advantage of the possibilities offered by the EU recovery instrument. Cooperation between our countries in the forest sector is progressing well,” said Marin.

During the meeting, Marin also addressed the lack of a tax treaty between Finland and Portugal. Portugal has not yet ratified the tax treaty signed in 2016.

Marin’s visit to Portugal will continue on 7 and 8 May, when she will attend the EU summits hosted by the Portuguese European Council presidency.