The United States Chamber of Chamber (USCC)-affiliated Brazil-US Business Council (BUSBC) signed a Cooperation Agreement with the Brazilian National Confederation of Industry (CNI) to conduct studies on a potential trade agreement and report back to both governments on their findings.
It illustrates the commitment that the private sectors of both countries have to boosting growth and jobs by promoting bilateral trade and investment. Brazil is currently the US’s ninth largest goods trading partner, but there is room to grow that relationship. This joint effort by the private sectors of both countries will shed light on exactly where the opportunities and challenges lie within the framework of a mutually beneficial agreement.
