2. European Union 27 PORTUGAL

3. PORTUGAL ECONOMY OVERVIEW ECONOMY OVERVIEW

4. Inflation rate Inflation rate 2.4% excl. energy 2.3% Unemployment Rate Unemployment Rate 8% Public Deficit Public Deficit 2.6% of GDP (% of GDP) Exports Exports 33% Imports Imports 40% Stock Investment Inward 44% Outward 28% Main features - 2007 Value Added by activity GDP 162 919 million € GDP per head € 15 363 Population 10.6 millions Employment 5.2 millions Employment Rate 67.8%

5. GROSS DOMESTIC PRODUCT Real growth rate Source: Eurostat

6. Source: INE Main Sectors - 2007 EXPORTS AND IMPORTS STRUTURE (% total) Automotive Biotechnology Forestry Moulds Technical fabrics

7. Source: Balance of Payments, Banco de Portugal EXPORTS OF SERVICES... leading niche provider (% GDP) Information Technology Engineering Communication Technology Tourism Building fixtures

8. RENEWABLE ENERGY Share of renewable energy in gross electric consumption - 2006 1 st Austria 53.4% 2 nd Sweden 46.8% 3 rd Portugal 30.6% EU 15 14.9% windhydro solar wave biomass 4 th world wind energy producer

9. PORTUGAL MAIN STRENGHTS

10. THE CAPACITY OF CHANGING e-Government availability e-Government Sophistication Technological Plan fostering company innovation and broadband Investment Administrative Simplification – Company on time ATM - 12 000 equipments 30 services provided ID Centers of several multinational companies 70% 50% 90% 59% 82% 78% 90% 77%

11. A PEACEFUL COUNTRY TO INVEST Source: Global Peace Index 2008 Economist Intelligence Unit Nations considered the most peaceful have lower index scores Portugal is the 7 th most peaceful country in the World Committed to the European Growth and Stability Pact Quality of life Diversity of qualified, multilingual workforce Suppliers capacity for big corporations Country RankScore Japan Iceland Denmark Norway New Zeland Ireland Portugal 1 2 3 4 5 6 7 1.176 1.333 1.343 1.350 1.358 1.410 1.412

12. A GEOSTRATEGIC LOCATION New stage on Globalisation - late 90’s Main investor in Brazil, Angola… Source: Bank of Portugal Portuguese Speaking Countries Access to 230 Millions Consumers Logistic Platforms Network and privileged access Most modern telecom networks Strong investment in all Portuguese speaking countries Angola 696,8 Brazil 1 210,1 Cape Verde 81,8 Mozambique 83,2 (Millions € 2004 to 2006)

13. Portugal – Ukraine Economic Partners

14. (Million €) Source: Eurostat PORTUGAL - UKRAINE EXPORTS AND IMPORTS 0,1% of total A distant partner – weak and unstable trade

15. PORTUGAL – UKRAINE EXPORTS AND IMPORTS - MAIN PRODUCTS - 2007 (% of total) Source: Eurostat IMPORTSEXPORTS … a highly concentrated trade

16. TRADE AND INVESTMENT low starting point low starting point recent positive evolution recent positive evolution POTENTIAL IS HIGH WE MUST SEIZE BUSINESS OPPORTUNITIES.... BILATERALLY AND WITH THIRD COUNTRIES PORTUGAL and UKRAINE FULL PLAYERS IN THE GLOBAL ECONOMY