ternational economic situation.” The memorandum of understanding on the merger, signed on October 15, provides that the Confederation of Portuguese Industries (CIP) will soon join the new confederation as a founding member and then other employers’ associations will be included into the permanent social consultation committee. The latter will give an opinion on this point in January 2010. Teixeira dos Santos, outgoing Minister for Economic Affairs, welcomed “better representation of heads of bu
…Portugal: two large employers’ associations merge to be more representative
Already contemplated in the past but never carried out, the merger between the AEP and AIP answers the need for organizational modernization and the “current national and international economic situation.” The memorandum of understanding on the merger, signed on October 15, provides that the Confederation of Portuguese Industries (CIP) will soon join the new confederation as a founding member and then other employers’ associations will be included into the permanent social consultation committee. The latter will give an opinion on this point in January 2010. Teixeira dos Santos, outgoing Minister for Economic Affairs, welcomed “better representation of heads of businesses in a context of increased competitiveness.”
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