Posts Tagged ‘Brazil’

h1

Brazil Celebrates its Independence

September 20, 2011

Lorrie Fussell is the Brazil Desk Officer in the Market Access and Compliance division of the International Trade Administration.

Earlier this month, Brazil celebrated its Independence Day and it is noteworthy to congratulate Brazil on how far it has progressed. Not only did Brazil celebrate its Declaration of Independence from Portugal, dating back to 7 September 1822, but it can also be said that Brazil has gained its independence from the outdated image as the “country of the future”.  Brazil has arrived!

With close to 195 million inhabitants and a rapidly growing middle class, Brazil stands out in the global marketplace for the tremendous opportunities it offers U.S. companies.  Total bilateral trade in 2010 amounted to $59.4 billion, over twice the amount of our trade in 2000 at $29.2 billion.  More impressive is the fact that Brazil’s GDP, which stood at $2.17 trillion in 2010, has increased by more than 75 percent in the last 10 years, despite one of the worst global economic downturns in history.  (Source: International Monetary Fund, World Economic Outlook Database).

Presidents Obama and Rousseff address the U.S.-Brazil CEO Forum at the last meeting held March 19, 2011 in Brazil.

Presidents Obama and Rousseff address the U.S.-Brazil CEO Forum at the last meeting held March 19, 2011 in Brazil.

The United States has a long-standing and close relationship with Brazil. President Barack Obama solidified the bond this past March during his trip to Brazil when he and President Rousseff agreed to enhance cooperation on trade, investment, climate, environment, and sustainable development.  We see that enthusiasm for Brazil mirrored by U.S. companies interested in doing business in the market. Last month, Nicole Lamb-Hale, Assistant Secretary for Manufacturing and Services at the International Trade Administration, accompanied the Export Green Trade Mission to Brazil.  Commerce Under Secretary Francisco Sánchez will inaugurate the first ever U.S. Pavilion at the October 3-4 Off Shore Technology Conference and Trade Show in Rio de Janeiro.  More than 175 American companies will be participating in this trade show, which is supported by the Department of Commerce and highlights the innovation and leadership of U.S. companies in offshore energy development.

Recognizing that the United States and Brazil are linked both economically and commercially, in 2007 the two governments launched the U.S.-Brazil CEO Forum as a means to improve our trading partnership.  The U.S.-Brazil CEO Forum is a public-private partnership between the United Sates and Brazilian Governments which brings together Chief Executive Officers from both countries.  Ten to twelve CEOs from each country develop joint recommendations for the two governments with the goal of increasing bilateral trade and investment for both sides.

Last week, the U.S. Department of Commerce and the National Security Council, U.S. co-chairs of the CEO Forum, announced the names of the next U.S. Section to the U.S.-Brazil CEO Forum.  These CEOs were appointed to the Forum in order to work with their Brazilian colleagues to develop joint recommendations for the governments to improve international trade and economic growth.  The CEO Forum provides important joint recommendations from the U.S. and Brazilian private sector at a time when both the United States and Brazilian Governments are redefining their economic partnership.

Working together, the United States and Brazil have made progress on a number of the areas identified by the CEO Forum as a priority.

  • Taking into consideration  the joint recommendation made by the CEOs, the U.S. Trade Representative and the Brazilian Foreign Ministry signed the Agreement on Trade and Economic Cooperation (ATEC) this past March. The ATEC will create a framework for deepening our cooperation on trade issues, such as intellectual property rights, trade facilitation, and technical barriers to trade.  The first meeting under the ATEC is expected later this year.
  • In October 2007, at the inaugural meeting of the U.S.-Brazil CEO Forum, the CEOs made visa reform a top priority.  Thanks to the efforts of the group, the United States and the Brazilian Governments extended the visa validity for business and tourist visas from five to ten years, and the issuance of the joint B1/B2 business/tourist visas became a matter of practice in both countries as of May 2010.  In addition, the United States Government has made significant efforts in reducing the visa backlog.  Although visa reform has helped make immeasurable strides in improving travel between our two countries, the CEOs have now asked that the United States consider including Brazil in the Visa Waiver Program
  • In response to the joint recommendation of the CEO Forum to provide greater cooperation between our two governments on energy issues, the United States and Brazilian Governments held the first high-level energy dialogue last month.  This Strategic Energy Dialogue will promote and strengthen partnerships between the governments.  We look forward to working with our Brazilian colleagues as we look for ways to use the SED to strengthen U.S.–Brazil commercial ties in the energy sector.
  • The CEOs have also been instrumental in recommending improved civil aviation between our countries.  After years of stalled negotiations, an Open Skies Agreement was signed this past March which allows for significant expansion of services between our countries.  Additionally, our governments are now looking to create an aviation cooperation program that would work in partnership with the private sector.

Outstanding recommendations of the Forum still remain, the governments still have their work cut out for them, but we are excited to see what new ideas and recommendations the CEOs will submit to our governments as we move forward.  The continued drive to improve our business relationship is, in the end what will make our partnership a success.

h1

Seeking CEOs to Participate in the Next U.S.-Brazil CEO Forum

March 24, 2011

 

 

 

As part of President Obama’s official delegation to Brasilia, Brazil March 18-19, U.S. Commerce Secretary Gary Locke co-chaired the sixth meeting of the U.S.-Brazil CEO Forum.  Key issues discussed at this meeting included furthering bilateral and economic ties at the completion of a U.S.-Brazil Bilateral Tax Treaty, clean energy cooperation and renewable technologies, investment in education, and sustainable infrastructure. In addition, the Forum was pleased to announce successful action on prior recommendations including the completion of a Trade and Investment Framework Agreement, signing of an Open Skies MOU and extension of business and tourist visas from five to ten years.

Secretary Locke (far right) shares a laugh with other senior government officials attending the U.S.-Brazil CEO Forum

Secretary Locke (far right) shares a laugh with other senior government officials attending the U.S.-Brazil CEO Forum

We are now accepting applications for the 2011-2013 term of the Forum. The 10 U.S. CEOs serve two-year terms, and are selected from respondents to a joint Commerce-White House Federal Register notice for applicants to the U.S. section of the Forum. Companies interested in participating in the Forum should view the Federal Register notice at http://edocket.access.gpo.gov/2011/2011-5073.htm for information on how to apply.

The Forum, made up of 20 CEOs from the United States and Brazil, meets twice a year to make recommendations to the two governments on ways to strengthen the U.S.-Brazil economic relationship.  Since its inception in 2007, the Forum’s recommendations have advanced discussions between the United States and Brazilian governments on important issues such as visa reform, customs procedures, education, energy, trade facilitation, and infrastructure.

With a potential market of 195 million consumers, and per capita incomes forecasted to grow at an average rate of six percent during the next several years, Brazil offers tremendous opportunities to U.S. exporters of goods and services.

h1

ACF, Green Technology Exports, Brazil and a Two-Year Partnership

November 15, 2010

This post contains external links.  Please review our external linking policy

Cora Dickson is a Senior International Trade Specialist with the International Trade Administration working in the Office of Energy and Environmental Industries

With three breakout sessions on “green technologies” over the next two days, the Americas Competitiveness Forum (ACF) is the perfect setting to officially launch a two-year Market Development Cooperation Program (MDCP) award, “Export Green: Growing SME Exports to Brazil.”

Under Secretary for International Trade Francisco Sánchez (center) presents MDCP award at the Americas Competitiveness Forum in Atlanta on November 14.

Under Secretary for International Trade Francisco Sánchez (center) presents MDCP award at the Americas Competitiveness Forum in Atlanta on November 14.

Like all MDCPs, this will result in a close working partnership between the cooperator, in this case the National Chamber Foundation, and the International Trade Administration (ITA).  On average, for every dollar that ITA invests in MDCP awards generates $125 in exports; awards are granted only to non-profit groups.  As an industry expert on the staff of the Office and Energy and Environmental Industries, my role will be to coordinate ITA and U.S. government resources and to liaise with the cooperator.

Yesterday during an intimate meet-and-greet for U.S. ACF attendees, Under Secretary Sánchez and Assistant Secretary Camuñez congratulated the Chamber Foundation and pledged ITA support for the exciting array of activities being planned – including trade missions, business forums, webinars, and Brazilian buying missions to green tech trade shows in the United States.  Steven Bipes, Executive Director, Brazil-U.S. Business Council, and Kathleen McInerney, Manager, Trade Roots were both on hand to receive the award and talk about the goals of the partnership.  It all starts with a survey of U.S. green tech companies.  The results of the survey will provide a foundation on which to build the MDCP, and also help the cooperator keep companies apprised of upcoming events and opportunities.   If you are a green tech small or medium-sized company interested in entering or expanding your overseas activities especially in Brazil, please take the survey.

Non-profit organizations interested in hearing more about how they can apply to become an MDCP partner can attend “Partnering to Double Exports” on December 1.

Follow

Get every new post delivered to your Inbox.

Join 395 other followers