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In the era of Digital Economy, United States and Brazil are constantly working to promote innovation, respond to cyber threats, and encourage future entrepreneurs while providing the legal and regulatory frameworks that will foster the next generation of innovators.  Brazil is a top-five market for leading global technology firms and presents an enormous potential for future growth: 60% of Brazil’s population is currently online. 

Innovative technologies create new opportunities for productivity and considerations for the nature of work.  Entire industries are transforming and, as they become increasingly productive, new questions arise about the future of labor. Innovation also creates new privacy challenges for companies, governments and individuals. Threats to cybersecurity are on the rise, impacting all of us.  Globally, responses to concerns over privacy, cybersecurity, law enforcement access, and the competitiveness of domestic industry have at times led to policies that threaten to divide the Internet and stifle innovation.  The United States embraces the principles of openness, of multi-stakeholder internet governance, of the free flow of information.

Global data flows, practically nonexistent just 15 years ago, increase economic growth.  They now exert a larger impact on GDP growth than the centuries-old trade in goods, according to a McKinsey study. Another survey by Accenture, highlighted that increased use of digital technologies could add $1.4 trillion U.S. dollars to the GDP of the world’s top ten economies by 2020 through productivity gains and ranked Brazil 5th on this list. 

Our goal is to spark cooperation in promoting an open and global internet.  That is not to suggest that there should be no limits.  Rather, it is important that those limits be structured to recognize the unique, borderless nature of the online world and the opportunities it presents for innovation.  The digital economy can flourish in Brazil by committing to developing flexible, interoperable frameworks that promote consumer protection, privacy and security online and build the trust that is the basis for all online commerce.

For additional information, please contact:

Melissa McInnis
Digital Attaché
Melissa.mcinnis@trade.gov

Patricia Marega
ICT Commercial Specialist
Patricia.marega@trade.gov


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