Partnerships Will Reduce Poverty in Brazil, Says US Commerce Secretary

Brazzil Magazine covers

According to the United States Secretary of Commerce, Carlos Gutierrez, trade partnerships based on free enterprise between Brazil, the United States, and the other countries of the American continent represent the key to reducing poverty in these countries and dealing with global competition.

Gutierrez was in Rio de Janeiro on Monday, June 5, to participate in the International Conference of American Chambers of Commerce in Latin America.

Gutierrez underscored the progress made by Latin American countries in electing democratic governments committed to creating jobs and improving social justice.

In his view, this "means a diminution, not a redistribution, of poverty; it means respecting individual rights, and when we negotiate a free trade agreement, we open the way to growth and job creation, which are the bases of genuine social justice."

During the conference he announced the launching of the US-Brazil Trade Dialogue, which he defined as a channel for the expansion of cooperation and trade between the countries and the region.

"The general intention of our Trade Dialogue focuses the steps the two countries can take to increase our mutual competitiveness. Improving customs procedures is one way do accomplish this," he said.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Extensive Ore Beds Go Unexplored in Brazil

The state of Amazonas possesses Brazil’s largest known reserves of sylvite, kaolin, and niobium, ...

Brazzil Magazine covers

US Is Brazil’s Biggest Buyer Followed by Argentina and China

According to Brazil’s Ministry of Development, Industry and Foreign Trade, in June Brazil’s trade ...

Brazzil Magazine covers

Brazil’s Credit Volume Reaches 36.5% of GDP, Best in 13 Years

The volume of credit in the Brazilian National Financial System totaled 1.067 trillion reais ...

Brazzil Magazine covers

Brazilian Medical Firm is Equipping Iraq’s Hospitals

The manufacturer of medical and hospital instruments, Erwin Guth, located in the city of ...

Brazzil Magazine covers

Ethanol and Biodiesel Part of Brazil’s Newly Created Agro-Energy Company

The utilization in Brazil of agricultural raw material to produce energy will receive greater ...

Brazzil Magazine covers

Brazil: New Plant Will Almost Double Fruit Processing for Savannah Fruits

The northeastern region of the state of Goiás in the Brazilian Midwest has already ...