America and Brazil are to work together on bio-fuels, with the prospect of Brazil exporting its ethanol-producing technology to the US.
The bio-fuel cooperation plan was launched during US president George Bush’s visit to Brazil, as Washington looks to reduce reliance on oil from the middle-east and the increasingly anti-American Venezuela.
But while the US administration seems keen to embrace bio-fuels, some Brazilian energy actors urged Washington to scrap the high tariffs it currently charges on imports of Brazilian ethanol.
President Bush’s visit to Brazil is part of his on-going tour of South America.
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