The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

Written by Flavia Marinho

Published on 22/10/2020 at 10:52

O investimento no Brasil anunciado pelo Banco dos EUA também será para a compra, por produtores brasileiros, de aviões agrícolas produzidos no Texas

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The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

On last Tuesday (10/20), the Export-Import Bank of the United States (EximBank) and the Ministry of Economy signed a memorandum of understanding that provides for the offer of up to 1 billion dollars (about 5.6 billion reais) in credit from the U.S. government to finance projects in Brazil in oil and gas, infrastructure, mining, the refurbishment of the Angra 1 nuclear plant, telecommunications, among others.

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According to Kimberly Reed, the President of the U.S. bank, the amount includes US$ 345 million for refurbishments at the Angra 1 plant by the American company Westinghouse. Resources will also be invested for the purchase, by Brazilian producers, of agricultural aircraft produced in Texas.

The document signed in a ceremony at Itamaraty also establishes commitments between Brazil and the U.S. to advance cooperation in the trade of goods and services, especially in the sectors of telecommunications and 5G, energy, infrastructure, logistics, mining, and manufacturing.

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The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

Read Also

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The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

Read Also

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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