In a statement published on April 17, the Office of the U.S. Trade Representative (USTR) announced “high-level representatives from the USTR and 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.” This discussion stems from a meeting between U.S. President Donald Trump and President Jair Bolsonaro of Brazil that took place on March 7.

The release states that both have “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” and “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.”

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