1. A Free Trade Agreement Could Benefit the U.S.-Brazil Trade Relationship
- Author:
- Peter Sufrin
- Publication Date:
- 11-2019
- Content Type:
- Journal Article
- Institution:
- American Diplomacy
- Abstract:
- According to a recent State Department report, the United States is Brazil's second largest trading partner, and Brazil is the U.S.'s ninth largest trading partner. Not until the 1990s did the Brazilian government address trade liberalization, privatization, competition, and productivity as a way to increase commodities exports, and promote growth in imports of manufactured products. The possibility for further cooperation exists, particularly in the realm of Foreign Direct Investment, patent law, and a double taxation treaty, and with initiatives such as a U.S.-Brazil Commission on Economic and Trade Relations, a Defense Cooperation Dialogue, an Infrastructure Development Working Group, and an Economic and Financial Dialogue.
- Topic:
- International Relations, International Cooperation, International Trade and Finance, Treaties and Agreements, Alliance, Trade Liberalization, Free Trade, and Exports
- Political Geography:
- Russia, China, India, South Africa, Brazil, Latin America, and United States of America