Brazil And The United States Began Negotiating Free Trade Agreements

According to the press release of the Ministry of economic affairs of Brazil, Brazil's economic minister, Paulo Guedes, told the media after receiving the visiting US Commerce Minister Wilbur Ross that Brazil and the United States began to start negotiations on a comprehensive trade agreement between the two largest economies in the Americas.

G minister said that before the end of the talks, the Minister of foreign trade of the Ministry of foreign affairs Marcos Troyjo asked Ross minister whether the talks were on behalf of bilateral officials and had been answered by the US Secretary of R. G minister added that before meeting the Ministry of economic affairs, Minister Ross had met with President Pozo Nalo of Brazil at the presidential palace.

G minister continued to point out that Brazil's huge domestic demand market is of great interest to the mature economies. Brazil has finally completed the global trade system in the past few decades. Now Brazil announced that it will increase the degree of integration to the world, and the US side came to negotiate.

Minister Ross was once an entrepreneur and had many investments all over the world. Minister G had met with Minister of Ross in New York in the past, and there was quite a constructive talk at that time. Minister G believes that the common direction of Brazil's President Boris and trump is that Brazil should be closer to the United States and that the two economies should be integrated. Brazil has been in the periphery of Global trade. Once Brazil expresses its interest in participating in the global market, Brazil is now in a very advantageous position.

Brazil's vice president of foreign trade Troyjo added that the Pakistan trade agreement is an important opportunity for Brazil, and trade with the United States is far below its due level. Now the two governments have reached this consensus. Recently, President trump said he had strong intention to reach an agreement with Brazil. Brazil, as a member of the customs union of the southern city, represents Brazil to achieve the common wish of the two governments. If the agreement involves tariffs, Brazil must negotiate with the southern common market partners. If the agreement does not include tariffs, such as trade facilitation, intellectual property, regulation, communication, etc., this agreement can be a bilateral agreement, that is, agreement between the state and the state. After talks with Minister Ross, both sides agreed that the two nature agreements were possible.