Pence to Lead U.S.-Brazil Talks on Rocket Launch Site, Sources Say

Pence to Lead U.S.-Brazil Talks on Rocket Launch Site, Sources Say

Chamber Articles Category: Economic News Post Date: 06/26/18 Source: Bloomberg By: Samy Adghirni
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Talks over U.S. commercial use of a rocket launch site in Brazil are advancing and will take center stage during Vice President Mike Pence’s visit to Brasilia next week, according to three people familiar with the matter.

While a final agreement is unlikely during his visit, progress has been made in discussions to give U.S. personnel access to the Alcantara base in the north-eastern state of Maranhao, while ensuring sovereignty safeguards to Brazil. Both sides have made concessions and things are moving forward in a positive way, the people said, asking not to be named because talks aren’t public. Discussions are now focused on the financial end of the deal and on technological details, they added. Read Full Article