Quarterly E-News Winter 2017
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Quarterly e-News Winter 2017 Message from the Executive Director 2017 Welcome to the fourth edition of our Quarterly News, our last one covering 2016. Events In this final quarter we focused on Brazil’s infrastructure development and economic issues. These final months were filled with large-scale conferences and meetings, Oil & Gas Working Group such as the 2016 Brazil Economic Conference, which coincided with the IMF and Meeting with IBAMA World Bank meetings. We joined Finance Minister Henrique Meirelles, Central Bank February 7, 2017 President Ilan Goldfajn and other government officials and high-level executives during Rio de Janeiro, Brazil the conference here in Washington, D.C. to discuss infrastructure development and needed economic reforms in Brazil. We also hosted several key government officials 2017 BUSBC Board of Directors Meeting from Brazil, including Brazilian Ambassador to the U.S. Sergio Amaral and U.S. Ambassador to Brazil February 23, 2017 Liliana Ayalde, as well as other officials from Brazil’s ministries and private sector. 12:00 p.m. – 2:30 p.m. We closed the quarter with our four-day Advocacy Mission to Brasilia, held our 34th Annual Plenary with U.S. Chamber of Commerce Washington, D.C. partner CNI and supported the first U.S.-Brazil government-to-business infrastructure meeting. We will *Board of Directors members only. continue strong into this new year, so mark your calendars for our next event, the Strategic Planning Meeting on February 23 to set the agenda for 2017. 2017 Strategic Planning Sincerely, Meeting February 23, 2017 2:30 p.m. – 5:30 p.m. U.S. Chamber of Commerce Washington, D.C. Cassia M. Carvalho Executive Director, Brazil-U.S. Business Council In-Country Alignment Meeting March 24, 2017 Sao Paulo, Brazil Council Releases White Paper Calling for Key Commercial Dialogue Debrief March (TBD) Economic Reforms in Brazil Washington, D.C. The paper examines the conditions needed to attract investors and trading partners, such as a forward-looking reform agenda based on Brazil’s Oil business-friendly regulations, sound economic policies, State Company modernized infrastructure and robust international partnerships. Monopoly Ends The paper also calls on Brazil In October, the Brazil Council’s (From left to right) Helio Lima Magalhaes CCO, Banco Citibank S.A.; Cassio Von Gal, Oil & Gas working group director, Banco BBM; Gilberto Peralta, CEO and president, General Electric Brazil; to act ambitiously and Cassia Carvalho, Brazil Council executive director; Robson de Andrade, president, CNI; comprehensively to pursue successfully advocated for the and Ambassador David Nelson, senior manager, General Electric; at the conclusion of economic, domestic and global enactment of a law that removed the 2016 Brazil Economic Conference in Washington, D.C. (Oct. 7, 2016). opportunities. Brazil’s Brazil’s oil state company Click here to view the event photo gallery. infrastructure development Petrobras' obligation to be the efforts offer a major exclusive operator of pre-salt oil The Council released a policy Conference to a notable opportunity for foreign blocks. The bill also makes paper titled “BRAZIL: Recovery, audience of government investors, as do its actions in Petrobras’s decision to Reform, Opportunity,” during the officials and high-level other sectors, including health participate in the exploration of 2016 Brazil Economic executives. care, IT and others. these fields consortia optional. Since 1976 The Premier U.S.-Brazil Advocacy Organization Follow us at: www.brazilcouncil.org • Quarterly e-News Winter 2017 Advocacy Mission Lays Foundation for New Year’s Program of Work From Dec. 5 to 8, we introduced infrastructure, and included between the two nations. our policy priorities to Brazil’s strategic engagements with key Our Annual Plenary with CNI new administration, provided decision makers, such as: showcased our government We also participated in the members strategic engagement Minister of Finance Henrique and private sector leadership, inaugural U.S.-Brazil opportunities, held our Annual Meirelles, Minister of Health celebrating 40 years of the government-to-business Plenary with partner organization Ricardo Barros, Secretary of Brazil Council. The Plenary infrastructure meeting Dec. 8, CNI and supported the first Foreign Trade Abrao Neto, as served as a significant step wherein private sector U.S.-Brazil infrastructure meeting. well as senators and deputies forward for both sections of the representatives from both from Brazilian Congress, Brazil Council amid a countries discussed upcoming The Mission, which gathered allowing member companies to challenging time for both project opportunities and senior executives in Brasília for showcase Brazil Council’s countries, showing the deep exchanged best practices in the meetings with Brazilian policy priorities and support for commitment CNI and the U.S. hope of encouraging private government officials, focused on the economic reforms that are Chamber of Commerce share sector participation in Brazilian health care, innovation and currently being debated in Brazil. to the bilateral relationship and U.S. infrastructure projects. Council Presents Joint Report Advocating Negotiations for a Trade Agreement During the 34th Annual Plenary trade agreement. The report, Marcos Pereira. It recommended relations, as well as measures to in Brasilia, the Council released a titled “A Roadmap to an measures to raise investor reduce trade barriers, especially joint report with partner Enhanced Economic confidence by promoting non-tariff barriers, while moving organizations CNI and Amcham Partnership," was presented reforms, economic restoration, closer to regulatory coherence Brazil on the effects of a bilateral to Brazil’s Minister of Industry investments and bilateral and convergence. Supporting the Bilateral Relationship Minister as he showcased Attendees discussed key the recently introduced challenges and prospects for “Crescer” program and the energy sector’s future and discussed upcoming investment opportunities for infrastructure programs and Brazilian and foreign companies. concessions. • Supporting the XII Symposium • Participating in the 2016 on International Trade, hosted Brazil Economic Conference by the ABCI Institute and in Washington, D.C., Oct. 7, American University in featuring Brazil’s Finance Washington, D.C., Oct. 27. Brazil (From left to right) Carlos Abijaodi, director of Industrial Development, CNI; Cassia Minister Henrique Meirelles, Council Executive Director Carvalho, Brazil Council executive director; Rob Schroder, senior vice president of president of Brazilian Central Cassia Carvalho was featured International Strategy & Operations, U.S. Chamber of Commerce; Paulo Cesar de Souza e Silva, CEO, Embraer S.A.; Ambassador Rubens Barbosa, president of the Bank, Brazil and U.S. as a panelist, discussing Upper Council of Foreign Trade, FIESP; and Nelson Salgado, vice president, Strategy ambassadors, and CEOs and Brazil-U.S. trade relations and & Institutional Relations, Embraer S.A., at the conclusion of the 34th Annual Plenary presidents of various global the potential impact of a trade in Brasilia. (Dec. 7, 2016) Click here to view event photo gallery. corporations. agreement. • Partnering with AmCham Rio • Partnering with the Wilson Other activities the Council Planning, Development and de Janeiro for a conference Center’s Brazil Institute for “The engaged in this quarter included: Budget Dyogo de Oliveira at on “Expected Changes to Challenges of Brazil’s Electoral the U.S. Chamber, Oct. 6. the Pre-Salt Rules and • System” with Justices Gilmar Hosting a roundtable Council members had Perspective for the Oil & Gas discussion with Minister of Mendes and Teori Zavascki at exclusive access to the Industry” in Rio, Oct. 18. the Ronald Reagan Building and Since 1976 The Premier U.S.-Brazil Advocacy• Organization Follow us at: www.brazilcouncil.org International Trade Center in Projects in Brazil: Challenges presentation on Brazil’s as she shared her outlook and Washington, D.C., Nov. 7. TSE and Opportunities” at the IDB Transportation provided an update on the President Mendes and Deputy Headquarters Nov. 14. Infrastructure Concessions, ongoing U.S. initiatives and Minister Zavascki addressed Attendees discussed given by Dino Antunes, engagement with key Brazilian electoral reform issues and the Regulatory Changes and secretary of Financing and officials. current political system. Policies for a New Era of Concessions, Ministry of Participating in the Global Hosting the Defense Industry Cross-Border Project Finance Transportation (MOT), Ports Intellectual Property Center’s Dialogue Debrief, which was and Equity Investments, and Civil Aviation, Nov. 18. (GIPC’s) 10th Annual IP Attaché followed by a networking highlighting the country’s The presentation focused Roundtable with the U.S. Patent reception, with Acting economic recovery and the on the relationship between and Trademark Office’s IP Undersecretary for International attraction of foreign PPI, EPL, MOT and other Attachés at the U.S. Chamber, Trade Ken Hyatt and other U.S. investments to the organizations regarding the Dec. 15. The program provided and Brazilian government infrastructure sector. Brazilian preparation of a unique opportunity for officials. Held Nov. 7 at the U.S. Ambassador to the U.S. transportation infrastructure Council members to hear from Chamber, the debrief allowed Sergio Amaral was a featured concessions. assembled IP Attachés to raise in-country member leadership panelist,