Brazil Agreement On Trade And Economic Cooperation

(a) collect the best reasonably available information, including scientific, technical, economic or other information relevant to the regulation it has prepared; U.S. trade in goods and services with Brazil was estimated at $105.1 billion in 2019. Exports totaled $67.4 billion; Imports amounted to $37.6 billion. The U.S. trade surplus in trade in goods and services with Brazil was $29.8 billion in 2019. For more information on DFC`s activities in Brazil, click here: br.usembassy.gov/us-international-development-finance-corporation/ Brasilia, October 21, 2020: During his two-day visit to Brazil, U.S. National Security Advisor Robert C. O`Brien was accompanied by the largest high-level U.S. government economic delegation in decades. Meetings with senior Brazilian government officials and private sector leaders discussed a wide range of bilateral issues, including deepening our cooperation to boost economic growth, improve the investment climate and security, and continue work on regional challenges. The United States and Brazil announced a landmark protocol on the gold standard on transparency and trade rules, which will open a new chapter in the economic relationship between the two countries by promoting trade and job creation in Brazil and the United States. In addition, the United States has provided a total of more than R$11 billion in financing, letters of interest, and a memorandum of understanding with the Brazilian government to encourage investment in Brazil and improve the strong alliance and trade relationship between the two countries, which has the potential to foster the creation of thousands of new jobs. (j) the exchange of experience and the promotion of cooperation in the development and implementation of digital business information solutions, paying particular attention to the interests of small and medium-sized enterprises; and the USTR will also consult with Congress in the coming weeks to seek guidance on how best to expand trade and develop our economic relationship.

ATEC provides an enabled commitment to a wide range of trade and investment issues. As the United States and Brazil implement today`s protocol, they will continue to look for ways to increase trade in goods and services and encourage further investment. . . .