U.S., Brazil sign protocol updating 2011 economic agreement

To the chagrin of some House Democrats, a protocol updating a 2011 bilateral framework between the U.S and Brazil has been updated to include new regulatory, anticorruption and trade facilitation procedures. The protocol updates the U.S.-Brazil Agreement on Trade and Economic Cooperation, which came into force in 2011, with three new annexes “comprising state-of-the-art provisions on Customs Administration and Trade Facilitation, Good Regulatory Practices, and Anticorruption,” USTR said in an Oct. 19 statement. The move was met with disappointment from...