Each BUSBC policy issue is classified based on its nature in one of four categories:
Multilateral (MLT) issues do not depend exclusively on action by either the government of Brazil or the U.S. government but rather require accession or adhesion to, or acceptance of, multilateral organizations, treaties, or standards. Examples include completion of the World Trade Organization (WTO) Doha Round and accession of Brazil to the WTO Government Procurement Agreement (GPA).
Bilateral (BLT) issues depend exclusively on action by both the government of Brazil and the U.S. government or are bilateral in nature, despite depending on only one government’s action. Examples include negotiation of a U.S.-Brazil Bilateral Tax Treaty (BTT) and inclusion of Brazil in the U.S. Visa Waiver Program (VWP).
Government of Brazil (GOB) related issues depend exclusively on action by the government of Brazil, whether legislative or regulatory in nature. Examples include reduction or elimination of the 60% import tariff applied by Brazil on express delivered goods and reduction or elimination of discriminatory restrictions against foreign insurance and reinsurance companies operating in Brazil.
U.S. Government (USG) related issues depend exclusively on action by the U.S. government, whether legislative or regulatory in nature. Examples include reduction or elimination of the $0.54 cent per gallon import tariff on Brazilian ethanol and a definitive solution to the WTO cotton dispute in the context of the 2012 Farm Bill.More Testimonials