Slater Leads Transportation and Trade Mission to Latin America

Monday, November 15, 1999
U.S. Transportation Secretary Rodney E. Slater, leading a trade mission in support of President Clinton's commitment to a well-integrated Western Hemisphere transportation system, joined with Brazilian Transport Minister Eliseu Lemos Padilha in signing a major three-year maritime agreement ensuring each country's shipping lines will be treated equally when carrying cargo from the other country. "On behalf of President Clinton and Vice-President Gore, we are pleased we've reached an agreement that promotes the principle of reciprocity in the shipping relations between the U.S. and Brazil," Secretary Slater said. "The peoples of our respective countries can look forward to a strong bilateral maritime partnership with Brazil, for which this agreement is a foundation." The agreement ensures each country's national-flag shipping lines equal access to commercial cargoes and to cargoes whose shipment is controlled by the other country's government, except defense cargoes and agricultural assistance cargoes. The bilateral agreement calls for liberalization of maritime trade and provides that each nation will not discriminate against the other's carriers with respect to maritime-related services and facilities, including shipping taxes. Secretary Slater commended U.S. Maritime Administrator Clyde J. Hart Jr., who attended the signing ceremony, for his leadership of the U.S. team which negotiated the agreement. Hart began talks in February with his Brazilian counterpart, aimed at resolving a serious dispute over previous discriminatory international ocean shipping practices by Brazil. During those talks, Brazil agreed to eliminate a tax preference favoring shipments on certain Brazilian vessels. The new agreement will restore unfettered access for U.S.-flag carriers to government-controlled cargoes whose shipments are arranged by the Brazilian government, which historically have been broad in scope in Brazil. In recent years, the Brazilian government has acted to reduce the share of cargoes subject to preference, making more available to open competition.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Legal

Drug Interception at Red Hook Container Terminal

Approximately 121 pounds of heroin and eight pounds of cocaine were discovered in a shipping container of vegetables that was moving from Ecuador to Miami, Fla.

Royal Caribbean's Revenue up 5.6%

Royal Caribbean Cruises Ltd reported a 5.6 percent rise in quarterly revenue, helped by higher passenger ticket revenue and onboard spending, sending the company's

ICS Criticises 'Prestige’ Judgement by Spanish Court

At a meeting of the International Oil Pollution Compensation Funds (IOPCF) this week, the International Chamber of Shipping (ICS) has strongly criticised the judgement

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0723 sec (14 req/sec)