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Joint U.S.-Brazil Communique Demonstrates Commitment to Collaboration

August 20, 2015
In June, Brazilian President Dilma Rousseff met with President Barack Obama to reaffirm their commitment to strengthening traditional ties, expand trade, and investment cooperation by issuing a Joint Communique which recognizes the work sharing potential of each country. This important milestone in U.S.-Brazilian diplomatic relations underscores the importance of supporting bilateral biofuels and biomedicine innovation by eliminating obstacles to the growth of investment, research and innovation.

BIO invites you to learn more about the effect of the Joint Communique on the global biotechnology industry at the BIO Latin America Conference this October in Rio de Janeiro. The conference’s opening plenary, “Strengthening the Brazil and US Bilateral Relationship in Biotechnology,” will feature esteemed government and industry representatives who will share their viewpoints on this development and explore ways in which we can expect increased collaboration in the biotechnology space in Brazil and throughout Latin America.

The Future of Biofuels

The subject of biofuels was emphasized as a focal point for both nations in relation to its potential to reduce greenhouse gas emissions. The Heads of State agreed to cooperate further to develop better biofuels for aviation and vehicle efficiency, and overall energy management. They agreed on the importance of greater cooperation with the private sector to develop clean energy technologies. The impact of this partnership on the world of industrial biotech is favorable, as government support is imperative in developing better industrial technologies and clean energy solutions.

Biomedical Innovation

The Joint Communique also highlighted the interest in biomedicine, health, and innovation by both nations. The Presidents expressed their satisfaction with the Fourth Meeting of the United States-Brazil Joint Commission on Science and Technology Cooperation, which was successful in identifying areas of shared national priorities, including antimicrobial resistance, non-communicable diseases, regulatory practice, and health data.

The economic implications of the meeting for both countries are highly promising. According to an official press release from the White House:
“Recognizing the robust bilateral trade and investment between our two countries, the Heads of State committed to enhance efforts to expand trade and investment, as well as to increase the competitiveness and diversity of both economies. The Leaders stressed that the accelerated growth of the economy of the United States—the chief destination for Brazilian exports of manufactured products—and the strong ties that unite the two countries offer important opportunities for expanding bilateral trade and investment flows.”

Early bird registration for the BIO Latin America Conference ends August 27. We hope to see you there!