High-level representatives from the Office of the U.S. Trade Representative (USTR) and from Brazil’s Ministries of Foreign Affairs, Economy, and Agriculture discussed the implementation of an ambitious economic and trade agenda between Brazil and the United States, according to a statement from USTR.
“Both countries agreed to accelerate their ongoing trade dialogue under the Brazil-U.S. Commission on Economic and Trade Relations (ATEC) with a view to concluding in 2020 an agreement on trade rules and transparency, including trade facilitation and good regulatory practices,” USTR said. “They also agreed to engage in domestic consultations, consistent with each country’s domestic procedures, to solicit input on how best to expand trade and develop the bilateral economic relationship.”
USTR said that the ATEC Commission will remain the route for further engagement, “through frequent contacts and meetings, in order to advance in the short-term agenda as well as in the preparatory work towards a deeper partnership.”
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