Brazil-U.S. Business Council

Brazil-U.S. Business Council The Brazil-U.S. Business Council is the premier business advocacy organization between Brazil and the United States. The Council works to promote free trade and investment between the two countries.
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Business Council is a private sector organization focused on promoting the free flow of trade and investment between Brazil and the United States. In the pursuit of this goal, our bilateral nature makes us uniquely effective. With a U.S. Section representing the largest U.S. investors in Brazil and a Brazil Section managed from Brazil, the Council has the ability to forge consensus between the two private sectors and communicate it to both governments in a bilateral context.

Operating as usual

Please join the Brazil-U.S. Business Council, #CNI and AMCHAM-Brasil, on September 29 at 9:30 a.m. EST for a debrief of ...
09/28/2020
CEO Forum Debrief

Please join the Brazil-U.S. Business Council, #CNI and AMCHAM-Brasil, on September 29 at 9:30 a.m. EST for a debrief of the 11th U.S.-Brazil CEO Forum. The debrief will feature government authorities from Brazil and the U.S. including Joseph C. Semsar, Deputy Under Secretary for International Trade, Acting Under Secretary for International Trade, DOC and Roberto Fendt, Deputy Economy Minister for Foreign Trade & International Affairs, Minister of Economy. Please note, this meeting is off-the-record and closed to press. To register, follow the link below.
https://www.cvent.com/c/express/d05f45c5-4347-4c50-ab5e-2ddcd13910f4?utm_medium=Email&utm_source=SFMC&utm_campaign=&utm_content=

SAVE THE DATE! The U.S. Chamber of Commerce's Brazil-U.S. Business Council is pleased to announce the 2020 U.S.-Brazil C...
09/23/2020
2020 U.S.-Brazil Connect Summit

SAVE THE DATE! The U.S. Chamber of Commerce's Brazil-U.S. Business Council is pleased to announce the 2020 U.S.-Brazil Connect Summit, taking place virtually on October 19-20.

The two-day conference will convene senior officials from both governments, leading executives, heads of multilateral institutions, opinion-makers and stakeholders to promote effective engagement, collaboration and action on deepening bilateral economic cooperation and rebuilding prosperity in a post-pandemic world. For more information, including confirmed speakers and registration, please follow the link below.
https://www.brazilcouncil.org/event/2020-u-s-brazil-connect-summit/

The Council is a membership-based organization that provides expert analysis, commercial insights and a platform to interact with senior officials and decision makers. With an emphasis on strategic advocacy, the Council differentiates itself as the leading voice for private sector interests before t...

09/15/2020
www.brazilcouncil.org

Last week, the U.S. Chamber of Commerce and the Brazil-U.S. Business Council joined a multi-association letter urging the U.S. and Brazilian governments to progress on a digital trade agreement. The letter conveys the position of the Brazil Council since the beginning of the bilateral trade negotiations in support of a strong high standards digital trade chapter, in addition to chapters on trade facilitation, GRP and anti-corruption . A copy of the letter can be found below.
https://www.brazilcouncil.org/wp-content/uploads/2020/09/Multiassn-U.S.-Brazil-Digital-Trade-Letter-final.pdf?utm_medium=Email&utm_source=SFMC&utm_campaign=&utm_content=

The Council's Senior Director for Policy, Renata Vasconcellos recently wrote about the current trade negotiations betwee...
08/19/2020
Brasil-EUA preparam acordo que vai simplificar regras comerciais | Matheus Leitão

The Council's Senior Director for Policy, Renata Vasconcellos recently wrote about the current trade negotiations between Brazil and the U.S. in VEJA.
https://veja.abril.com.br/blog/matheus-leitao/brasil-eua-preparam-acordo-que-vai-simplificar-regras-comerciais/

Diretora do Conselho Brasil-EUA da U.S. Chamber of Commerce escreve sobre a situação da negociação que, apesar de não reduzir tarifas, pode diminuir custos

08/11/2020
www.brazilcouncil.org

Last week, the Brazil-U.S. Business Council, along with more than 27 private associations and organizations, signed a public manifest supporting more legal certainty in Brazil on matters related to Brazil's General Data Protection Law (LGPD).

The content of the letter includes the vote and approval of the Provisional Measure n. 959, 2020 (MP 959/2020), which extends the entry into force of the LGPD to May 3, 2021; the creation of the National Data Protection Authority (ANPD), which awaits a presidential decree that will establish the parameters of its structure; and supports the approval of the Constitutional Amendment Proposal n. 17, 2019 (PEC 17/2019), which raises the protection of personal data to a Constitutional right and establishes the Union's private competence to legislate on the subject.

Please find the link below to access the letter in Portuguese. This document will be forwarded to the Presidency of the Republic, the Lower House and the Federal Senate.

https://www.brazilcouncil.org/wp-content/uploads/2020/08/Carta-aberta-a%CC%80s-autoridades_LGPD-e-Seguranc%CC%A7a-Juri%CC%81dica_VF9.pdf

08/04/2020

UPDATE: The U.S.-Brazil trade negotiations are progressing and on track with the goal of concluding a four-chapter agreement on trade facilitation, good regulatory practices (GRP), anti-corruption and digital trade by the end of the year.

The Brazil Council submitted to both governments recommendations on a digital trade chapter in May, and recommendations on trade facilitation and GRP, in collaboration with CNI and AmCham, in June. The joint study is available in English and Portuguese. We are now collaborating with the U.S. Chamber’s Coalition for the Rule of Law in Global Markets on recommendations for anti-corruption commitments.

The Brazil Council welcomes developments in the bilateral trade negotiations and will continue to meet virtually with both governments to present the business community’s views.

06/18/2020
media-exp1.licdn.com

Brazil-U.S. Business Council is pleased to announce the release of a Brazil-U.S. Roadmap on Trade Facilitation and Good Regulatory Practices, in collaboration with AMCHAM-Brasil and CNI - Confederação Nacional da Indústria.
#Brazil #Trade

World Bank forecasts 8% Brazil GDP decline in 2020      Brazilian gross domestic product will plunge 8% in 2020, a steep...
06/08/2020
Global Economic Prospects

World Bank forecasts 8% Brazil GDP decline in 2020

Brazilian gross domestic product will plunge 8% in 2020, a steeper decline than the 5.2% average predicted for the global economy, the World Bank said Monday. The forecasts were contained in the bank’s Global Economic Prospects report. Brazil will also lag in 2021, rebounding 2.2% while the world economy rises 4.2%. The bank’s previous report, in January, forecast 2% growth for Brazil this year and 2.5% in 2021. According to the report, Brazil will be hurt by the coronavirus, the economic shutdown in its wake and deep fiscal problems that will persist for several years to come.

COVID-19 has delivered an enormous global shock, leading to steep recessions in many countries. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020—the deepest global recession in decades.

06/04/2020

The limited trade agreement now under discussion with Brazil is focusing on principles we can all support including:

1. What we hope will be the strongest anti-corruption measures included in a trade agreement;
2. Measures to ensure transparency and accountability in regulation and customs administration; and
3. Rules to bar discrimination in digital trade and foster a rule-of-law environment for online commerce.

Refusing to proceed with this limited trade deal with Brazil will do nothing to advance these objectives, which have traditionally enjoyed broad bipartisan support in the United States. We encourage swift action to seize this opportunity in the coming months and deliver results never previously achieved. The U.S. and Brazilian business communities stand ready to support this endeavor.

Brazil announces new Deputy Economy Minister for Foreign Trade, to assume the role in July
06/01/2020
Roberto Fendt named as Brazil's deputy economy minister for foreign trade

Brazil announces new Deputy Economy Minister for Foreign Trade, to assume the role in July

Economist Roberto Fendt, Executive Secretary of the Brazil-China Business Council and a graduate of the University of Chicago, is to be Brazil's new deputy economy minister for foreign trade, Economy Minister Paulo Guedes told Reuters on Wednesday.

Brazil seeks multilateral agency loans to confront crisisBrazil’s government on Wednesday announced it will ask a group ...
06/01/2020
Governo vai recorrer a organismos internacionais para ajuda financeira

Brazil seeks multilateral agency loans to confront crisis

Brazil’s government on Wednesday announced it will ask a group of six multilateral lending agencies for $4.01 billion in loans to help defray relief costs from the spreading coronavirus. Agencies include the Inter-American Development Bank and the World Bank, among others. The money will be used to buttress Brazilian government relief efforts aimed at aiding unemployed workers and small businesses.

O governo federal recorrerá a organismos internacionais para pagar parte do auxílio emergencial e de outras medidas de enfrentamento à crise.

06/01/2020
Banco Central do Brasil

Brazil foreign direct investment plunges in April

Net foreign direct investment into Brazil plunged in April to just $234 million from $7.6 billion the previous month as the spreading coronavirus brought an economic shutdown, the Central Bank said Tuesday. It was the worst performance for FDI since a political crisis in mid-2016 sent net investments briefly into negative territory. The 12-month figure for net FDI declined in April to $73.2 billion from $78.1 billion as of March. According to economists, investors are shying away from Brazil because of the economic shutdown as well as longer term political uncertainties.

Banco Central do Brasil

Brazil’s Bolsonaro withdraws controversial Federal Police nomination        Brazilian President Jair Bolsonaro on Wednes...
04/29/2020
Bolsonaro anula nomeação de Ramagem como diretor-geral da PF

Brazil’s Bolsonaro withdraws controversial Federal Police nomination

Brazilian President Jair Bolsonaro on Wednesday withdraw his nominee for Director of the Federal Police, only hours after the nomination was suspended by a Supreme Court order. Supreme Court Justice Alexandre de Moraes earlier Wednesday issued an injunction suspending the nomination of Alexandre Ramagem as Federal Police Director. Ramagem was named to the post last week by President Jair Bolsonaro after Bolsonaro fired the previous Director along with Justice Minister Sergio Moro. Moro accused Bolsonaro of “unacceptable political interference” in the Justice Ministry and, especially, in the Federal Police, the Brazilian equivalent of the U.S. FBI. Moraes, in issuing the injunction, said prosecutors should investigate “allegations of political abuse.” Ramagem is a close personal friend of Bolsonaro. The President withdrew the nomination without comment.

Mais cedo, o ministro Alexandre de Moraes, do STF, atendeu a um pedido feito pelo PDT por meio de um mandado de segurança para suspender nomeação e a posse

Brazil Trade Secretary Troyjo in line for BRICS bank presidency       Brazil’s government on Tuesday confirmed the nomin...
04/22/2020
Secretário Marcos Troyjo, da Economia, vai presidir banco do Brics

Brazil Trade Secretary Troyjo in line for BRICS bank presidency

Brazil’s government on Tuesday confirmed the nomination of Foreign Trade Secretary Marcos Troyjo to be the next President of the New Development Bank. The bank is capitalized by the BRICS countries of Brazil, Russia, India, China and South Africa and is headquartered in Shanghai, China. The bank loans money for projects in member countries and in third countries. Under existing agreements, the presidency rotates among the member countries, with Brazil due to occupy the post starting later this year. Troyjo is expected to be confirmed as the bank’s top executive at a virtual Board of Directors meeting in May. He will serve a five-year term.

O Brasil confirmou a indicação do atual secretário especial de Comércio Exterior e Assuntos Internacional do Ministério da Economia, Marcos Troyjo, para a presidência do Novo Banco de Desenvolvimento (NDB), o banco do Brics.A deliberação do Cons

Brazil’s President fires Health Minister over coronavirus handling Brazilian President Jair Bolsonaro on Thursday fired ...
04/16/2020
Mandetta anuncia saída do Ministério da Saúde

Brazil’s President fires Health Minister over coronavirus handling

Brazilian President Jair Bolsonaro on Thursday fired Health Minister Luiz Henrique Mandetta after weeks of often testy disagreement over handling of the coronavirus threat. A medical doctor, Mandetta insisted on following World Health Organization guidelines on social distancing, testing and treatment. Bolsonaro has questioned the need to shutter businesses and has sparred publicly with Mandetta and a number of state governors over stay-at-home orders. According to press reports, Bolsonaro has appointed Dr. Nelson Teich, an oncologist and public health consultant, as the new Health Minister. Several Health Ministry aides to Mandetta are expected to resign later Thursday.

Em sua conta oficial no Twitter, Luiz Henrique Mandetta anunciou na tarde de hoje sua demissão pelo presidente Jair Bolsonaro do cargo de ministro da Saúde

Commerce Secretary Ross says U.S. committed to Brazil’s OECD membership            The United States is “strongly commit...
07/30/2019
Ross: Trump está comprometido com forte relação com o Brasil no comércio

Commerce Secretary Ross says U.S. committed to Brazil’s OECD membership

The United States is “strongly committed” in support of Brazil’s bid to join the Organization for Economic Cooperation and Development (OECD), U.S. Commerce Secretary Wilbur Ross said in São Paulo on Tuesday. Ross met with business leaders; he is due to meet government officials in Brasília later in the week. He said, “President Trump is committed to a strong and dynamic relationship with Brazil.” He said both governments will be working on trade, investment and trade facilitation measures in the coming months. Earlier Tuesday, in Washington, Trump told reporters that his administration is ready to work on a free trade agreement with Brazil. Trump said, “We are going to work on a free trade agreement with Brazil. Brazil is a big trading partner. They charge us a lot of tarif fs, but other than that we love the relationship.” Business leaders in São Paulo presented Ross with a list of ten proposals designed to improve U.S.-Brazilian economic relations. The proposals touch on trade, taxation, investment and other themes.

O secretário de comércio americano, Wilbur Ross, afirmou nesta terça-feira, 30. durante evento da Amcham (Câmara Americana de Comércio) que o presidente americano, Donald Trump, está comprometido em reduzir barreiras entre os dois países e expandir relaç

Trump says working on trade deal with Brazil as Commerce Secretary heads to Sao Paulo, Brasília          U.S. President ...
07/30/2019
Trump says he will seek U.S. trade accord with Brazil

Trump says working on trade deal with Brazil as Commerce Secretary heads to Sao Paulo, Brasília

U.S. President Donald Trump told reporters in Washington on Tuesday that his administration is ready to work on a free trade agreement with Brazil. He made the comment as U.S. Commerce Secretary Wilbur Ross met with business leaders in São Paulo. Ross will meet government officials in Brasília later in the week. Trump said, “We are going to work on a free trade agreement with Brazil. Brazil is a big trading partner. They charge us a lot of tariffs, but other than that we love the relationship.” Business leaders in São Paulo presented Ross with a list of ten proposals designed to improve U.S.-Brazilian economic relations. The proposals touch on trade, taxation, investment and other themes.

WASHINGTON/BRASILIA (Reuters) - President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas. "We're going to work

Brazilian Chamber of Deputies passes pension reform in first-round vote                                The Brazilian Cha...
07/11/2019
Plenário aprova texto-base da reforma da Previdência por 379 votos a 131

Brazilian Chamber of Deputies passes pension reform in first-round vote

The Brazilian Chamber of Deputies on Wednesday passed the main text of a keynote pension reform bill by a vote of 379 to 131. The bill, in the form of a constitutional amendment, required a three-fifths majority, or at least 308 votes, to pass. The Chamber will consider a series of amendments to the bill Thursday. The bill must then pass the Chamber of Deputies in a second-round vote before moving on to the Senate. First-round passage of the bill was a major victory for the administration of Brazilian President Jair Bolsonaro, who has said the pension reform is needed in order to avoid government bankruptcy. The reform will reduce government outlays for pensions by some R$1 trillion over a period of ten years and place the system on a viable fiscal basis permanently. Brazil’s public sector has been rol ling up huge deficits since 2014, mainly because of yawning gaps in the pension system.

Proposta foi aprovada em 1º turno. Deputados ainda votarão destaques que podem alterar pontos do texto

Brazil’s President signs bill creating data protection agency                               Brazilian President Jair Bol...
07/09/2019
Bolsonaro sanciona, com vetos, lei de órgão que protegerá dados pessoais

Brazil’s President signs bill creating data protection agency

Brazilian President Jair Bolsonaro has signed a bill creating a federal agency to guarantee data privacy. The President used his line-item veto power to make 14 minor alterations in the bill, dealing mainly with definitions of legal terms and certain attributes of the new agency. The President’s message was published Tuesday in Brazil’s Federal Register. The legislation creates a National Data Protection Authority (ANPD), designed to enforce terms of a constitutional amendment and accompanying legislation guaranteeing the privacy of digital and other personal data.

O Brasil ganhou seu primeiro órgão voltado à proteção dos dados pessoais de brasileiros. O presidente Jair Bolsonaro sancio

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Washington D.C., DC
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General information

Established in 1976, the Brazil-U.S. Business Council was created to foster understanding and advance business priorities between the U.S. and Brazil. The U.S. Section of the Council represents the majority of the largest U.S. corporations invested in Brazil and works collaboratively with the U.S. Chamber of Commerce. The Brazil Section of the Council is managed by the Brazilian National Confederation of Industry, based in Brasília.

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

(202) 463-5729

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