Brazil 2000.Underlining un·der·lin·ing n. 1. The act of drawing a line under; underscoring. 2. Emphasis or stress, as in instruction or argument. Brazil's Importance to the U.S. Economy Did you know that Brazil is the 11st largest market for U.S. exports in the world or that the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. is the largest foreign direct investor in Brazil? Not everyone realizes or fully appreciates the size and reach of Brazil's impact on global commerce and on its neighbor to the north. The Brazil-U.S. Business Council and the Brazilian Embassy want to make sure that more Americans understand the growing importance of Brazil to the U.S. economy through a bold joint initiative dubbed dub 1 tr.v. dubbed, dub·bing, dubs 1. To tap lightly on the shoulder by way of conferring knighthood. 2. To honor with a new title or description. 3. "Brazil 2000." Throughout the year, the program will sponsor discussions of the Brazil-U.S. commercial relationship in the states with the largest trading relationship with Brazil: Florida, California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Texas, New York Texas is a hamlet in Oswego County, New York, USA, near the southeastern corner of Lake Ontario. It is officially part of the town of Mexico. Geography Texas lies on Little Salmon Creek, about one-half mile above the mouth of that stream on Lake Ontario, on an east-west and Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. . "Our goal for the Brazil 2000 program is to strengthen the links between businesses in these states and Brazil, as well as to educate elected officials who represent these businesses about Brazil," says Mark Smith, executive director of the Brazil-U.S. Business Council's U.S. Section. "The fact is that when most Americans think of Brazil they think of beaches and rain forests. We want to make sure that they understand that Brazil is the 10th largest economy in the world and a major market for U.S. exports." Rubens Barbosa, the Brazilian ambassador to the United States, agrees. He has made sharing his vision of Brazil's future with people throughout the United States a priority for the Embassy. "As we look toward the 21st century, given the recent developments in the domestic political and economic situation and the stability of the world economy, Brazil has all the conditions to emerge stronger and more influential, consolidated as a medium-sized power," says Barbosa. The Brazil 2000 program is an opportunity to explore this vision of Brazil's future and discuss the role that American business can play in Brazil's efforts to strengthen its place in the global economy. Interested in getting involved in the Brazil 2000 program? Visit the Brazil-U.S. Business Council's home page at www.brazilcouncil.org. Or contact the Council by phone at (202) 463-5485 for further information about program dates and locations. The Brazil-U.S. Business Council is a bilateral bilateral /bi·lat·er·al/ (-lat´er-al) having two sides, or pertaining to both sides. bi·lat·er·al adj. 1. Having or formed of two sides; two-sided. 2. trade organization that works to provide a high-level private sector forum for the business communities of both countries to engage in substantive dialogue on trade and investment issues and communicate private sector priorities to both governments. The U.S. Section of the Council represents the majority of the largest American corporations invested in Brazil and operates under the administrative aegis aegis (ē`jĭs), in Greek mythology, weapon of Zeus and Athena. It possessed the power to terrify and disperse the enemy or to protect friends. of the U.S. Chamber of Commerce The U.S. Chamber of Commerce is the world's largest not-for-profit federation of businesses, representing more than 3 million businesses and organizations in the United States. As of 2003, the chamber was comprised of 3000 state and local chambers and 830 business associations. . The Brazil Section of the Council is sponsored by major Brazilian business associations led by the National Confederation A union of states in which each member state retains some independent control over internal and external affairs. Thus, for international purposes, there are separate states, not just one state. of Industry and represents a wide range of Brazilian corporations.
U.S. Trade with Brazil by State
State 1998 Exports to % Change in Exports to Rank as a
Brazil ($1.000s) Brazil 1993-1998 Global Market
Florida 2,272,227 312 1st
California 1,406,996 215 16th
Texas 1,171,269 290 9th
New York 1,158,311 207 10th
Illinois 1,109,619 375 8th
SOURCE: U.S. Department of Commerce
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