Brazil wants fast accession to WTO’s Public Procurement Agreement

The Ministry of Economy's International Trade Secretary Lucas Ferraz signaled that Brazil is ready to open negotiations on a reciprocal basis with the 48 current members of the agreement, in the segment estimated globally at US$1.7 trillion per year.

RIO DE JANEIRO, BRAZIL - Brazil signaled at the World Trade Organization (WTO) that it expects discussions with other countries to move forward as quickly as possible in order to accede to the Government Procurement Agreement (GPA).

At a meeting of the GPA Committee this week, the Brazilian delegation highlighted that despite the covid-19 pandemic, the country was able to issue a "very ambitious and broad" initial offer to open up public procurement contracts worth up to US$145 billion to competition from foreign companies.

According to Brazilian Ambassador Alexandre Parola, accession to the GPA is a priority for the . . .

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