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. Last Updated: 07/27/2016

Clinton Visits Brazil

BRASILIA, Brazil -- The United States and Brazil on Tuesday reaffirmed their commitment to reach a Free Trade Area of the Americas by 2005 and agreed negotiations should be launched at a summit next April in Chile.

U.S. President Bill Clinton said he and Brazilian President Fernando Henrique Cardoso "agreed that at our next Summit of the Americans in Santiago, we should launch comprehensive and balanced negotiations to achieve that goal."

Clinton, at a news conference with Cardoso, also sought to reassure Brazil that the goal of a Free Trade Area of the Americas would not conflict with the four-nation Mercosur trade organization grouping Argentina, Brazil, Paraguay and Uruguay.