#Obama to visit Brazil for talks on bilateral trade

2011-01-26 09:52:56

BRASILIA, Jan. 25 (Xinhua) -- U.S. President Barack Obama will visit Brazil in March for talks on bilateral trade and cooperation in clean energy, Brazil's state media reported Tuesday.

The figures provided by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) showed that Brazil's exports to the United States have been declining in recent years.

In 2005, 17.3 percent of Brazil's exports went to the United States, and in 2010, the United States accounted for 8.04 percent of Brazil's exports.

Other issues to be brought up during the meeting between Obama and Brazilian President Dilma Rousseff are clean energy and renewable resources, partnership for oil exploitation projects and cooperation in the aid to poor countries.

Climate change, the devaluation of the dollar and proposals for sustainable development will also be touched upon during the discussions, the official Agencia Brasil news agency said.

The specific agenda is under negotiation, and will probably consist of two parts, a small meeting between Rousseff and Obama and a larger one with their top aides present.

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