ITA - International Trade Administration

09/20/2024 | Press release | Distributed by Public on 09/20/2024 11:11

Readout of the 22nd U.S.-Brazil Commercial Dialogue

FOR IMMEDIATE RELEASE
Friday, September 20, 2024
Contact: Office of Public Affairs
Email: [email protected]
Phone: 202-482-3809

WASHINGTON, D.C. - On September 19, the United States hosted in Washington, D.C., the 22nd Plenary of the U.S.-Brazil Commercial Dialogue, which was co-chaired by Under Secretary of Commerce for International Trade Marisa Lago and Brazilian Secretary of Foreign Trade Tatiana Prazeres.

Under Secretary Lago and Secretary Prazeres were joined by the technical leads of the Commercial Dialogue's working groups for focused discussions on promoting increased trade and continued collaboration across a variety of areas, including standards, intellectual property, trade in the digital economy, and working to prevent, reduce, and remove non-tariff trade barriers.

To advance longstanding cooperation through the Commercial Dialogue working group, Under Secretary Lago, White House Office of Management and Budget Administrator of the Office of Information and Regulatory Affairs Richard L. Revesz, Brazilian Secretary for Competitiveness and Regulatory Policy Andrea Macera and Brazilian Secretary for Normative Acts Cesar Venturini Dutra Carrijo signed a Memorandum of Understanding (MOU) on Good Regulatory Practices. Activities undertaken through the MOU will enable the exchange of best practices to ensure that regulations contribute to creating a stable and transparent business environment, improving government efficiency and reducing regulatory duplication.

Created in 2006, the U.S.-Brazil Commercial Dialogue brings together technical experts to share knowledge, experience, and problem-solving ideas on topics important to our business communities. In 2023, bilateral trade in goods between the United States and Brazil totaled $83.7 billion.

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About the International Trade Administration
The International Trade Administration (ITA) at the U.S. Department of Commerce is the premier U.S. Government resource for American companies competing in the global marketplace. Operating in more than 100 U.S. locations and 80 markets worldwide, ITA promotes trade and investment, assists U.S. businesses and workers to export and expand globally, and ensures fair trade and compliance by enforcing U.S. trade laws and agreements. For more information on ITA, visit www.trade.gov.