Trade Subcommittee Hearing on U.S.-Brazil Trade and Investment Relationship: Opportunities and Challenges
Focus Of The Hearing
The hearing will explore current U.S.-Brazil trade and investment issues and analyze whether they prove ripe for inclusion in an expanded and constructive bilateral trade and investment agenda. Among the issues to be discussed are (1) deepening and expanding the long-term trade and investment relationship with Brazil; (2) the strengths and weaknesses of existing bilateral forums for engagement on trade and investment policy; (3) evaluating Brazil’s industrial policy, including its high industrial tariffs, local content rules, and forced localization practices; (4) concerns regarding barriers to bilateral agricultural and ethanol trade; (5) mutually beneficial opportunities to lower barriers to U.S. services trade, especially in Brazil’s large energy and infrastructure sector; (6) potential collaboration on innovation and intellectual property rights, to facilitate more high-tech trade; (7) simplification of Brazil’s cumbersome border and behind-the-border regulatory measures; (8) Brazil’s use of the U.S. Generalized System of Preferences, of which Brazil is the third-largest beneficiary; (9) engagement within multilateral forums such as the World Trade Organization; and (10) collaboration on third-country policies that present opportunities and challenges for both the United States and Brazil.
Chairman Nunes Announces Hearing on U.S.-Brazil Trade and Investment Relationship: Opportunities and Challenges
Public Submissions For Record
Please click here to submit a statement or letter for the record.