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Brazilian President expressed concern about the expansionary monetary policy in the developed countr

Release Date:2012-05-05  Hits:433
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Obama told reporters after the talks, the two countries record investment and trade between the two countries to create employment and business opportunities. He said that he and Rosoff talks involving a wide range of issues of global economic growth, the situation in the Middle East, the upcoming Summit of the Americas, such as.



According to the two countries released a joint statement after the talks, the two leaders the day on a wide range of bilateral, regional and multilateral issues discussed. The statement said the two leaders welcomed the rapid growth of investment and trade between the two countries, and further emphasized the importance to stimulate more investment and trade.



The United States and Brazil are the two largest economies in the Western Hemisphere in 2011 bilateral trade volume reached a record $ 74 billion. The media generally believe that Obama and Rosoff The talks focused on economic issues. The same day, Obama and Rosoff participated in the U.S. - Brazil Business Leaders Forum held in Washington. In that forum, U.S. Secretary of State Hillary Clinton announced that the UWorld Steel Pipe .S. consulate in Brazil, Belo Horizonte and Porto Alegre new two. Hillary Clinton and Brazilian Foreign Minister Antonio Patriota, the afternoon is still the U.S. State Department signed an air shipping between the two countries aimed at promoting aviation partnership agreement.


Rosoff, visiting the United States, the President of Brazil on the 9th World Pipe network informed, the day she and U.S. President Barack Obama talks he expressed the concerns of developed countries to adopt expansionary monetary policy.



Last month, Rosoff had criticized the developed countries of the monetary expansion as creating "the monetary tsunami. Monetary policy in developed countries to Brazil, she was for example pointed out that the influx of international hot money continue to push the currency of the high exchange rate, and greatly weakened the competitiveness of Brazilian industry.



Obama's visit to Brazil in March last year.



Obama and Rosoff same day at the White House, held talks on strengthening bilateral relations. Rosoff told reporters after the meeting, this policy will eventually lead to developed countries, currency depreciation to hurt economic growth in emerging economies such as Brazil.

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