US and Brazilian trade officials are planning to revitalize the bilateral Agreement on Trade and Economic Partnership.
US Trade Representative Katherine Tai currently is in Brasilia, where she met yesterday with Brazil’s Vice President and Minister of Development, Industry, Foreign Trade and Services Geraldo Alckmin and Minister of Foreign Affairs Mauro Vieira.
They agreed to use the agreement to strengthen and deepen bilateral trade relations and directed their technical teams to develop a work program “that can help create more resilient supply chains, spur invest in clean technologies, promote the rights of workers, and create shared prosperity,” according to a USTR readout.
Ms. Tai hopes to convene a meeting before the end of this year.
The officials also discussed the Administration’s ongoing efforts to reform the World Trade Organization’s negotiating function, committee work and dispute resolution, including the dispute settlement system. Ms. Tai “underscored the importance of working with Brazil as well as other developed and developing Members to identify solutions that help ensure the WTO is more responsive to the challenges and opportunities in today’s global economy.”
Ms. Tai separately met with a group of civil society leaders to discuss the importance of policies that encourage equitable and inclusive prosperity.
She also met yesterday with labor and environmental leaders.
Comments
No comments on this item Please log in to comment by clicking here