Dilma Rousseff’s visit to the US 2: visa waiver program, end of double taxation and oil production chain in Brazil

The Brazilian President Dilma Rousseff arrived on Sunday at Andrews Air Force Base in Maryland, USA, with an optimistic expectation about the trip and the meeting with US President Barack Obama.

The Presidents Rousseff and Barack Obama agreed to allow U.S. and Brazilians citizens traveling between the two countries to do that without visas. In a joint statement the two presidents said they would work “in close collaboration to meet the requirements of the Visa Waiver Program of the United States and the Brazilian legislation.”

Dilma and Obama used the occasion to discuss the pilot program “Global Entry”, which facilitates the entrance in the U.S. immigration of Brazilians who travel frequently to the U.S. to work. If the passenger is approved in the Global Entry, they could avoid passport control queues and could use automated kiosks that are before the immigration area at the airports of the country.

Secretary of State Hillary Clinton also announced in the morning to open two new consulates in the U.S. Brazil, in the cities of Belo Horizonte and Porto Alegre. The measure aims to accelerate and facilitate visas for businessmen and tourists, strengthening economic relations between the two countries.

Entrepreneurs ask Dilma to close agreement against double taxation
The Brazilian business delegation participating in the visit of President Rousseff to the United States asked the president about an agreement to avoid duplication in collection of taxes on transactions made by companies in the United States. According to Marcelo Odebrecht, member of the business delegation, Brazilian companies pay 60% tax on income in that country, and this causes some companies to choose to reinvest the profits abroad rather than bringing these resources to Brazil, to avoid new collection of tax.

Obama says U.S. wants to participate in the oil production chain in Brazil
U.S. President Barack Obama said the U.S. wants to participate in the productive chain of Brazilian oil industry, whose importance grew after the discovery of reserves in the pre-salt. In a statement after the meeting with President Rousseff in the Oval Office of the White House, Obama reaffirmed that Brazil is a major player in the global energy sector and production of oil and gas. He also pointed out that Brazil has been “an extraordinary leader” in the development of biofuels.

With about $ 107 million in shipments in the first quarter, the oil is already the second most important item in the exports from Brazil to the USA.
Obama also stressed that the two countries made an “extraordinary progress” in their relations since last year when he made an official visit to Brazil in March. He also stressed the “significant growth” levels of trade and investment and trade in trade and innovation, education and science, a partnership of a kind “not seen in the past.” Both Obama and Dilma reinforced the importance of Open Government initiative, launched by the two countries to increase transparency and efficiency of governments, aiming, for example, to combat corruption.

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Joe Cloud
Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.

Published by Joe Cloud

Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.