LatinNews Daily - 20 March 2023

Brazil: From 7-9 March, US Trade Representative Katherine Tai, visited Brasília, Brazil to promote US-Brazil relations, with a specific focus on bilateral trade and commerce. During her visit, Tai met with Brazil’s Vice President Geraldo Alckmin, who also serves as minister for industry and commerce, and Foreign Minister Mauro Vieira.  Tai also participated in roundtable events with representatives from Brazil’s civil society, including environmental groups and labour officials. According to the US embassy in Brazil, the discussions between Tai and the Brazilian ministers focused on strengthening and deepening bilateral trade and economic partnership through the US-Brazil Agreement on Trade and Economic Cooperation (ATEC), ahead of the bicentennial of bilateral diplomatic relations in 2024. Tai suggested convening an ATEC meeting before the end of the year, with both parties agreeing to direct their technical teams to develop a work programme to “help create more resilient supply chains, spur invest in clean technologies, promote the rights of workers, and create shared prosperity”. On Twitter, Tai stated that she had left Brasília “confident that our shared values will help us deepen our relationships and realise the potential of the US-Brazil bilateral partnership.” Her visit to Brazil follows meetings between Brazil’s President Luiz Inácio Lula da Silva and US President Joe Biden in Washington, D.C. in February, and between Vieira and US Secretary of State Antony Blinken in New Delhi, India on 2 March. In a statement released after Tai’s visit, Brazil’s foreign ministry stated that the US was Brazil’s second largest trading partner. In 2022, bilateral trade totalled US$88.7bn, a 26% increase compared to the previous year.

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