RIO DE JANEIRO, BRAZIL - The Brazilian government is engaging in four parallel negotiation fronts to expand its network of cooperation agreements and investment facilitation (ACFIs) with other countries.
The intention is to strengthen legal security for foreign investors in Brazil, mainly with an eye on attracting new resources for the concessions and privatization program, one of the most robust in the world. At the same time, it seeks to increase protection for Brazilian multinationals with operations abroad.
On the first front, bilateral agreements have already been signed with 17 different partners, and there are exploratory talks with nations in Southeast . . .
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