Today, Brazil and the U.S. try to improve trade relations. Brazilians’ distrust for science. Senate tries to uphold company payroll cuts. And a Supreme Court trial that will affect Petrobras.
BREAKING
On Tuesday, the Federal Police launched an operation against two state secretaries in Pará, accused of embezzling money earmarked for healthcare. Now, the police are carrying out a similar operation targeting Santa Catarina Governor Carlos Moisés. He is suspected of siphoning money from the purchases of ventilators for Covid-19 patients.
Brazil-U.S. trade could get a boost
Brazil and the U.S. have reportedly concluded negotiations over a plan to facilitate trade between the two countries — which should be signed within the next few days. The idea is to reduce costs with bilateral exchange (USD 29.8 billion between January and August) by 15 percent.
What is on the table. The agreement is predicated upon three pillars: trade facilitation, regulatory practices, as well as anti-corruption efforts. That would help eliminate red tape and facilitate customs control.
- Brazil already has similar trade deals with Chile, the European Union, and Mercosur.
Global Entry as a trade booster. Another move to boost exchanges between the U.S. and Brazil is Washington’s decision to launch the...