A strong U.S.-Brazil economic alliance is one of the most consequential geopolitical partnerships in Latin America. Opportunities for greater bilateral cooperation exist in trade, defense, energy, infrastructure development, agriculture, health, and innovation, to name a few, that would enhance competitiveness for both markets. In light of the constructive U.S.-Brazil relations, the Brazil-U.S. Business Council (BUSBC) calls on both governments to take concrete steps toward institutionalizing a strategic partnership focusing on expanded priorities including:
- collaboration on Covid-19 pandemic;
- new digitized economy;
- green energy;
- environmental protection –not only in the Amazon biome, but throughout Brazil; and,
- initiatives building on 2020’s important, but incomplete, trade agreement.
Policy Agenda:
Combining original research, policy analysis, and engagement with policymakers and corporate leaders, the Council examines and advocates policy issues and priorities in the following areas:
Topics for Next Generation Trade Facilitation:
- Low value shipments.
- Express delivery and de minimis.
- Informal entries.
- Single window.
- Authorized Economic Operators mutual recognition agreement.
- Release and clearance of goods.
2021 Spotlight Initiative | Brazil OECD Business Policy Roundtables Priority topics:
- Governance – Public and Corporate
- Investment
- Trade
- Tax
- Digital
- Environment and Sustainable Development
- Innovation and IP
Digital Trade and Economy Working Group | Themes to be Addressed:
- Free flow of data across borders and repeal of forced data localization.
- Protection of personal information and collaborative work with Brazil National Authority for Data Protection.
- Protection of source code and algorithms.
- Tax, customs duties, and electronic payments.
- Non-discriminatory treatment of digital products.
- AI based on GRP practices.
- Risk based approach to cyber security.
- Lawful speech and commerce via online platforms.
- Public access to open government data.
- Multi-stakeholder model for internet governance.