U.S., Brazil Sign Maritime Agreement

Monday, October 03, 2005
U.S. ship operators will gain greater access to Brazil’s government cargo business while Brazil’s carriers seeking access to U.S. markets will be assured equal treatment, under an agreement signed today by U.S. Transportation Secretary Norman Y. Mineta and Brazilian Ambassador Roberto Abdenur in Washington, D.C.

“Free trade helps everyone – shippers, carriers and most of all consumers,” Secretary Mineta said. “This agreement will provide for greater competition in shipping that will benefit both the United States and Brazil.”

The new agreement requires both sides to provide equal treatment for the other’s carriers in maritime-related services and facilities, including shipping taxes. It also provides unlimited access for U.S.-flag carriers to government-controlled cargoes whose shipments are arranged by the Brazilian government, which historically has been a significant portion of that country’s commercial cargo.

The agreement was reached after more than three years of negotiations. Brazil’s Congress must ratify the agreement before it can be brought into force. No U.S. ratification is needed.

The United States and Brazil signed a similar agreement in 1999, but it was not ratified by Brazil and expired in October 2002.

Maritime Today


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

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

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Ship Repair 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: 0.0669 sec (15 req/sec)