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121 Trade
Owing to the Anglo-Portuguese Alliance, England ( Great Britain after 1707) was, until the 1920s, Portugal's main trading partner. The Methuen Treaty (1703) stipulated that Portuguese wines and English woolens would be exempt from custom duties. The imperial nationalist economic ideas of the Estado Novo directed Portuguese trade toward its Africa colonies of Angola, Mozambique, and Guinea- Bissau. The historical importance of the British export market to Portuguese trade necessitated Portugal becoming a charter member of the European Free Trade Area (EFTA) in 1959.When Britain joined the European Economic Community (EEC) in 1973, Portugal had to follow, with a trade agreement with the European Union (EU). Negotiations between Portugal and the EU produced an accord that stipulated mutual tariff reductions, until their disappearance in mid-1977 on industrial products, while EU member states were allowed to restrict some Portuguese textiles and paper and cork products. Tariffs were also reduced for Portuguese tinned tomatoes and fish, as well as for port wine. Since gaining full membership in the EU in 1986. Portugal's trade has shifted strongly toward continental EU member states. In the 1990s, EEC/EU member states purchased nearly 75 percent of Portugal's exports and supplied nearly 70 percent of its imports. Within the EEC/EU, Britain, Germany, France, and Spain are Portugal's a main trading partners. Portuguese trade with its former colonies fell sharply after the Revolution of 25 April 1974, as Portugal turned away from Africa and toward Europe.In 2007, Portugal's major commodity exports have been textiles, clothing, footwear, machinery, transportation equipment, paper and cork products, wine, tomato paste, chemicals, and plastic products. Portugal's comparative advantage lies in its low hourly costs for skilled labor, which are about 20 percent lower than other EU member states. Manufactured goods account for about 75 percent of merchandise imports; food and beverages about 10 percent; and raw materials (mainly petroleum) about 15 percent. -
122 Pintasilgo, Maria de Lourdes
(1930-2004)Catholic leader and social activist, chemical engineer, and politician. Born in Abrantes, to a middle class family, Pintasilgo had a distinguished record as a student in her Lisbon high school and at Lisbon's Instituto Superior Técnico where, in 1953, she graduated with an engineering degree in industrial chemistry. For seven years, she worked as an engineer for the Portuguese conglomerate Companhia União Fabril (CUF). A progressive Catholic who never formally joined a political party, Pintasilgo became a top lay Catholic leader in Portugal, as well as an influential, international Catholic leader in Catholic student, lay, and women's associations. She also attended Lisbon's Catholic University, where she became a student leader. During the final period of the dictatorship under Marcello Caetano, she held various government posts related to social welfare and women's affairs. In the first provisional government following the Revolution of 25 April 1974, Pintasilgo was secretary of state for social welfare and, by early 1975, became minister of social affairs. That same year, she became Portugal's first ambassador to the United Nations Educational and Social Organization.In July 1979, she became prime minister, following a call from President António Ramalho Eanes, and served in a caretaker role until January 1980. During her brief term, she worked to improve social security coverage and health and social welfare. She was Portugal's first woman prime minister and, following Britain's Margaret Thatcher, was Europe's second woman to serve in that office. In 1986, she ran as an independent for the presidency of the Republic but was unsuccessful. In 1987, she began a two-year term following election as a member of the European Parliament. She died suddenly and unexpectedly in July 2004.Historical dictionary of Portugal > Pintasilgo, Maria de Lourdes
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