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Brazil, U.S. agree to promote biofuel production
World Business News |
2007/03/09 09:09
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| Brazil and the United States agreed on Friday to cooperate in promoting biofuels production in the Americas and other regions, saying it would help to clean up the global environment and to alleviate poverty. Brazilian President Luiz Inacio Lula da Silva announced the agreement with President Bush at his side as they toured a biofuels facility of state energy company Petrobras outside Sao Paulo. "We come to celebrate a strategic partnership between the United States and Brazil ... A memorandum of understanding in the biofuels area was signed," Lula said. Lula said the agreement to promote the use of alternative fuels was important for mankind and should encourage other countries to diversify their energy sources. Brazil and the United States would seek production partnerships with other countries in Central America, the Caribbean, Asia and Africa. |
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