In a meeting with Biden, Lula will complain about subsidies from the US green package

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Lula arrives in New York to participate in the UN General Assembly and event with Biden The Brazilian government’s concern about the migration of green investments to the United States, due to the environmental package of subsidies launched by the Biden government, will be the topic of the bilateral meeting between the two presidents, on Wednesday (20), in New York. According to the Minister of Finance, Fernando Haddad, told the blog this Monday morning (18), Lula will take the concern to President Joe Biden. Haddad will participate in the meeting. Brazil’s caution is about how the US green package directs subsidies to those who make sustainable investments on American soil, which could remove resources and projects in the area from Brazil. READ ALSO: Lula’s speech at the UN will address climate, energy transition, hunger and global governance Lula and Biden’s meeting has a positive agenda at its center: the launch of a pact for the future of work. But warnings from experts in the sustainability sector have gained strength, who already show cases of companies that chose not to go to Brazil to invest in the USA. Brazil is still concerned about the European Union’s green package, also full of local subsidies. This Monday, in New York, Haddad participated alongside the Minister of the Environment, Marina Silva, and the president of the Inter-American Development Bank (IDB), Ilan Goldfajn, in a debate on attracting green investments. In the audience were the presidents of the Chamber, Arthur Lira (PP-AL), and of the Senate, Rodrigo Pacheco (PSD-MG), as well as the president of the Federal Court of Auditors (TCU), Bruno Dantas, and other leaders of Congress , government ministers and businesspeople. The event was organized by the Federation of Industries of the State of São Paulo (Fiesp) and the National Confederation of Industry (CNI), which, on Sunday night (17), had already hosted a dinner for President Lula, also in New York. , with foreign investors.

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