U.S.-Brazil Economic and Commercial Agenda: Creating U.S. Jobs and Driving Economic Growth
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Last week, the United Nations Conference on Trade and Development announced that foreign direct investment (FDI) flows to Brazil increased by 35.3%, showing that despite a global economic slowdown U.S. companies continue to see opportunities in Latin America’s biggest economy. In 2012 and beyond, engagement with Brazil has the potential to create American jobs and drive economic growth.
The high growth of the Brazilian economy and the preparations for the 2014 World Cup and 2016 Olympics have created a burgeoning demand for infrastructure and green technology in the Brazilian market. The Brazil-U.S. Business Council’s Export Green Initiative is working with the Department of Commerce to lead a trade mission to Brazil to meet this Brazilian demand and to help achieve the goal of doubling total U.S. exports set by President Obama in his State of the Union address two years ago.
To drive the bilateral commercial and economic agenda, we have invited President Dilma Rousseff to speak at the U.S.-Brazil Business Summit during her upcoming trip to Washington D.C. This is an opportunity for President Rousseff to address the American business community and discuss how we can work together to create jobs and opportunities in the United States and Brazil.
These initiatives come on the heels of the launch our newly redesigned website and the election of Greg Page, CEO and chairman of Cargill, to chair our board. With the business community fully energized and equipped to create jobs and drive economic growth in both countries, 2012 promises a great deal.