RIO DE JANEIRO, BRAZIL - On Monday, April 26th, President Jair Bolsonaro sent Congress attachments to the Brazil-U.S. Trade and Economic Cooperation Agreement (ATEC). Prepared jointly by the Ministries of Economy and Foreign Affairs, the annexes, which constitute a protocol to the ATEC, deal with trade rules and transparency.
According to the Planalto Palace, the protocol includes as annexes, understandings on trade facilitation and customs administration, good regulatory practices, and anti-corruption. The annexes will be incorporated into the ATEC, signed in 2011, and must be passed by both houses of Brazil's congress.
The goal of the agreement . . .
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