On June 22, 2026, SWISSCAM held its Ordinary General Meeting for members at the offices of UBS and UBS BB in São Paulo.
Flavio Silva, President of SWISSCAM, welcomed all participants and expressed special appreciation to the Gold Members and to UBS, which kindly hosted the event. Gustavo Stüssi, Legal Director of SWISSCAM, led the deliberations of the Extraordinary General Meeting, highlighting the inclusion of compliance and integrity provisions in the organization’s bylaws.
Daniel Barros, CEO of UBS BB, then addressed the audience, emphasizing the importance of strengthening the ties between the institution, the Chamber, and its members. The executive also reinforced the strategic position of the UBS Group in Brazil, supported by its strong local presence — particularly through its joint venture with Banco do Brasil, UBS BB Investment Bank — combined with the connectivity and expertise of a global financial institution. As highlighted, the bank’s value proposition lies in offering integrated solutions tailored to different client profiles and needs.
Following this, Hanspeter Mock, Ambassador of Switzerland to Brazil, delivered his remarks and highlighted, among other topics, Swiss companies’ commitment to responsible business practices and the ESG agenda, the focus of SWISSCAM’s Annual Report on human rights, as well as the support provided by the Swiss Embassy and consulates to SWISSCAM initiatives and to companies operating in Brazil.
Regarding the Free Trade Agreement between EFTA and Mercosur, the Ambassador noted that Brazil completed its ratification process in record time, with the approval of the legislative decree by the Chamber of Deputies and the Federal Senate, leaving only the final enactment by the President of the Republic. According to the Ambassador, this swift process demonstrates Brazil’s strong interest in implementing the agreement and reinforces confidence in the bilateral partnership.
In Switzerland, however, the process faces a more complex scenario: the National Council rejected the agreement by a narrow margin, influenced mainly by concerns from the agricultural sector, as well as domestic factors such as environmental issues, challenges faced by local producers, and the political context surrounding the 2027 elections. Despite this setback, Mock stated that the Swiss government remains confident that the second parliamentary chamber will approve the agreement, allowing it to return to the National Council for a new vote. If approved, the agreement may still be subject to a referendum, which could extend the timeline for its entry into force, but does not change the conviction that ratification will ultimately be completed. The Ambassador recalled that, throughout history, relations between Switzerland and Brazil have been marked by a clear and consistent spirit of fruitful partnership.
The President then resumed the meeting for the opening of the Ordinary General Meeting, during which the agenda items were presented by Executive Director Mariana Badra, including the Annual Report with activities carried out in 2025 and projects planned for 2026, among other matters of interest to members.
To conclude the program, members had the opportunity to attend and engage with a presentation by Alexandre de Ázara, Managing Director and Chief Economist for Brazil at UBS and UBS BB, on “Brazil’s Economic Outlook for 2026–2027: Between Oil Shocks, Elections, and Fiscal Risks.” Through a comprehensive and dynamic analysis, Alexandre structured his perspective around two complementary pillars: the short-term macroeconomic scenario, influenced by developments in oil prices, exchange rates, emerging markets, and the trajectory of the Selic interest rate during the pre-election period; and the political and fiscal outlook, focusing on election developments and possible approaches to addressing the country’s fiscal challenges during the next government cycle.
The presentation generated significant interest among participants and encouraged a rich discussion on the potential directions of the Brazilian economy in the coming years, as well as the opportunities arising from these scenarios.
At the end of the event, members attended an exclusive networking lunch, providing an ideal environment for strengthening relationships, expanding connections, and exchanging experiences. The gathering concluded with a strong sense of engagement, reinforcing expectations for the upcoming initiatives and events promoted by SWISSCAM.
Our special thanks go to the members who gifted participants with products including a Logitech mouse, Nestlé chocolate, Curaprox toothbrushes, MSC Moleskine notebooks, and exclusive art cards from Casa dos Curumins.