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Brazil Agrees to Surrender Special WTO Status for OECD Entry

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s President Jair Bolsonaro has agreed that the country will give up the differential treatment that developing countries receive at the World Trade Organization (WTO) in exchange for US support for Brazil's entry to the Organization for Economic Cooperation and Development (OECD).

"The American support for Brazil's entry into the OECD will be understood as a gesture of recognition that will further mark the union we seek," Bolsonaro said in a statement to the press after the Subscribe to our Premium Membership Plan. Already Subscribed?

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