Brazil will not withdraw from trade negotiations with the United States, Vice-President Geraldo Alckmin said on Monday, as the government seeks to advance discussions on tariff and non-tariff barriers.
Alckmin, speaking at an event organized by BTG Pactual in Brasília, highlighted the significance of a meeting scheduled for the same day between Brazil’s Minister of Development, Industry, Commerce and Services, Márcio Elias Rosa, and U.S. Trade Representative Jamieson Greer. The session is expected to focus on reducing trade frictions and expanding market access for Brazilian goods and services.
The government is also prioritizing legislative approval of two key bills this week. One bill, known as the Redata program, aims to attract data center investments by offering tax incentives and regulatory support. The legislation is viewed as particularly important for U.S. technology firms considering expansion in Latin America. The second bill targets the regulation of the critical minerals sector, a growing priority amid global supply chain shifts.
Alckmin’s remarks follow a prior engagement in April, when he met with the foreign press at the Planalto Palace to outline Brazil’s trade strategy. The government has emphasized continuity in negotiations despite broader geopolitical uncertainties affecting global commerce.
The push for deeper trade ties comes as Brazil seeks to diversify its export markets and strengthen industrial competitiveness. Analysts note that progress in these talks could pave the way for broader economic cooperation, including technology and infrastructure projects.
Earlier this year, Brazil’s portfolio acquisition by Cyrela/TRX was reported at R$ 2 billion, reflecting ongoing investor interest in the country’s real estate and technology sectors.
