Obama's visit brings advancements to trade between Brazil and the US

22/03/2011 0 By Rodrigo Cintra

The implementation of agreements such as the Treaty for Economic and Trade Cooperation (Teak) and the American Eximbank announcement financing of US $ 1 billion for investments in the pre-salt were the highlights of the visit to Brazil of US President, Barack Obama, analysts heard by ECONOMIC BRAZIL. The Teak can make room for reduction of technical barriers, one of the items that most hinder bilateral trade. Advances left in the background signaling support given by Obama to claim a place in Brazil in the UN Security Council, seen as "protocol".

commercial breakthrough overshadows policy in Obama's visit

Analysts see economic cooperation and investment agreements in the pre-salt as a representative of the tour's highlights

The signing of economic treaties put aside the political aspect of the Brazilian tour of US President, Barack Obama. Segundo analistas ouvidos pelo BRASIL ECONÔMICO, hits as the embodiment of Economic Cooperation Treaty and Commercial (Teak, the acronym eminglês) e a chegada de investimentos americanos na infraestrutura do pré-sal relevam a segundo plano a sinalização do apoio a uma vaga do Brasil no Conselho de Segurança das Nações Unidas (HIM)-considerada as "generic" and "protocol".

"The Teak is a concrete advance. It is essential to remove several small barriers to US-Brazil trade unleash ", states Rodrigo Cintra Ulhôa, professor at ESPM. O acordo cria uma espécie de fórum bilateral para discutir temas como barreiras fitossanitárias e técnicas, hitherto not suitable possuíamumcanal. "It's an important kick-start to a country like Brazil, que deixou a discussão bilateral de lado. We invest a lot in the Doha Round (multilateral negotiations to unlock global trade) and we highlight these more direct talks ", analyzes Marcus Vinicius de Freitas, professor at FAAP. The agreement came out a few years ago, but negotiations had been suspended due to disagreements over Iran.

A expectativa é que o Teca trabalhe tanto no lado da cooperação — novas tecnologias na área dos biocombustíveis são vistas como promissoras—como principalmente na remoção de barreiras técnicas. "The United States imposes a lot of barriers such (techniques) for people ", says a specialist acquainted conversations. These bottlenecks ranging from Water content of ethanol to the level of hardness required of steel sheets.

Ainda que não exista a expectativa que o Teca seja a solução mágica para áreas contenciosas como os combustíveis, cotton and orange juice - all issues subject to heavy negotiations in the US Congress - it can help. "If they (barriers) are removed, grows the chance to increase our participation in their market ".

With an eye on oil

The information that Washington will offer US $ 1 bilhão em financiamento de projetos de infraestrutura para o setor petrolífero brasileiro por meio de seu Eximbank também foi considerada um avanço importante. Obama himself said the United States can help provide technology to extract oil. "When Brazil begin to sell it, We want to be the best customers. The instability in some regions of the world affects the price of oil. Os EUA ficariamfelizes se encontrassem uma fonte estável e segura de energia”, He said the agent on Saturday.

The increase in American interest in the pre-salt, However, can bring geopolitical tensions to the South Atlantic region, which will become a new route of maritime oil traffic, similar to what happens today with the Indian Ocean - which is based a significant part damarinha US. "This initial investment was a gateway. Aposto que iremos assistir ao longo dos próximosmeses um interesse crescente dos EUA no tema da segurança do Atlântico Sul”, rating Cintra, ESPM.

There are also issues that were little discussed during the visit. Little progress an issue that primarily concerns the US: greater guarantees for investments, especially those relating to Cup 2014 and àsOlimpíadas of 2016. “As empresas estão em boas partes paradas por lá, while here we have a heated and big events ahead economy ", ends Cintra.

Brazil Economic Journal – Monday, 21 March, 2011 – P.46

Source: http://www.itamaraty.gov.br/sala-de-imprensa/selecao-diaria-de-noticias/midias-nacionais/brasil/brasil-economico/2011/03/21/visita-de-obama-traz-avancos-para-o-comercio-entre