U.S.-Brazil trade to strengthen

Posted by Annika Helmrich on Fri, Mar, 22 2013 @ 2:24 PM

Brazil and the United States made significant strides to bolster the economic relationship between the two countries at the eighth meeting of the U.S.-Brazil CEO forum, which was held this week in Brasilia.

“It is clear that both the Obama and Rousseff administrations recognize that our two countries must continue to build on the strength of U.S.-Brazil economic relations,” said U.S. Deputy Commerce Secretary Rebecca Blank said in a statement.

At the forum, representatives from both countries heard from private sector leaders on how they could help business in both nations succeed. The recommendations ranged from tax issues, to cooperation on infrastructure, to educational exchanges.

Trade between the U.S. and Brazil has skyrocketed in recent years – exports to Brazil totaled $65 billion in 2011, and the U.S. is Brazil’s largest source of imports. However, doing business in Brazil requires intimate knowledge of the local environment, known as the “Custo Brasil,” and infrastructure limitations pose a logistical challenge.

The Consul General of Brazil, Luiz Felipe de Seixas Correa, will be speaking on these trade issues at Amber Road’s free Retail Seminar, "Financial Returns in Global Trade,” on April 17 at the Gansevoort Park Avenue Hotel in New York City. Aside from hearing a top expert discuss trade with Brazil, you can learn new strategies for delivering financial returns on your global supply chain and network with your peers at the beautiful Gansevoort Hotel.

Retailers looking to learn how to improve their global trade operations should register here!

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Topics: GTM Best Practices, Global Trade Management

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