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Brazil-US to strengthen trade relationships

01 May '08
3 min read

Sponsored by ABIT, with the support of the U.S. and Brazilian governments, the meeting hopes to encourage cooperation and investment between industries in the two countries.

“We hope this is the first of many discussions on how we can cooperate to grow our industries,” stated Aguinaldo Diniz Filho, president of ABIT. “The textile and apparel markets truly compete globally.

The U.S. and Brazil have the largest GDPs in the Americas and are home to the third and fifth largest populations in the world, respectively.

It makes sense for us to join forces to compete in the international marketplace. Together we will be able to integrate the whole hemisphere to promote social and economic development.”

“We welcome this opportunity to look for mutual areas of cooperation,” added Kevin M. Burke, president and chief executive officer of AAFA. “Our members are always looking for new markets and new opportunities.”

“The Brazilian market in many ways is similar to the United States market,” stated Cass Johnson, president of the National Council of Textile Organizations. “We look forward to further discussions with ABIT.”

The closed-door meeting took place at the Ronald Reagan Building at 1300 Pennsylvania Avenue in Washington, D.C., and was followed by a press conference at 3:30 p.m. At that time, Mr. Diniz Filho, Mr. Burke and government officials from Brazil and the U.S. answered questions from the press.

American Apparel and Footwear Association

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