Brazil’s relations with the US at their best ever, says Jair BolsonaroworldUpdated: Oct 19, 2020, 21:19 ISTBrazilian President Jair Bolsonaro said on Monday Brazil’s relations with the United States are at their best moment ever and announced three trade facilitation agreements to ensure good business practices and to stop corruption. “We want this to happen as quickly as we can,” he said. Pompeo said the US Export-Import Bank would back projects valued at $450 million in Brazil this year, while the US Development Finance Corp had plans involving about $1 billion in projects there. Pompeo underscored the importance of expanding US-Brazilian economic ties, given what he called “enormous risk” stemming from the significant participation of China in the Brazilian and US economies. “Each of our two peoples will be more secure, and each of our two nations will be far more prosperous, whether that’s two or five or 10 years from now,” he added.

Source: Hindustan Times October 19, 2020 15:50 UTC