Corbett Signs Joint Declaration With Brazil to Promote Energy Investments
Governor Corbett signed a joint declaration with the governor of the Brazilian state of Rio de Janeiro today to promote collaboration and investments in energy, particularly in oil and natural gas development.
The declaration comes as part of Corbett’s 10-day trade mission through Brazil and Chile, which began Saturday. The trip wraps up April 16 and includes stops in the Brazilian cities of São Paulo and Rio de Janeiro, along with Santiago, Chile.
“There are a number of industries that are growing in Brazil that are also very strong in Pennsylvania,” Corbett said in a statement, “Creating a partnership with the state of Rio de Janeiro will enhance joint trade and promote mutual investment that will lead to new economic growth and job creation in both states.”
Here is the full text of the declaration:
Whereas, there exists an excellent relationship between the State of Rio de Janeiro and the Commonwealth of Pennsylvania, which was clearly expressed during the recent joint meeting held by Governor Sérgio Cabral Filho and Governor Tom Corbett in the Guanabara Palace, Rio de Janeiro on April 10th, 2013; and
Whereas, there exists enormous potential for collaboration between public and private institutions, universities, research centers, Non-Governmental Organizations (NGOs), and citizens, which will nurture the friendship that exists between the State of Rio de Janeiro and the Commonwealth of Pennsylvania, enhancing scientific and technological development; and
Whereas, there exists a desire to reinforce cooperation between the State of Rio de Janeiro and the Commonwealth of Pennsylvania, in the fields of energy, particularly related to oil and natural gas, and to strengthen the economic, scientific, regulatory, and technological advancements in these and other matters.
Both signatories agree that they shall coordinate efforts and promote collaboration through cooperative actions and initiatives focused particularly, but not exclusively, in the fields of energy, particularly related to oil and natural gas [emphasis added] and to its scientific and economic-related activities, having its actions in accordance with sustainable development and environmental protection, and any other area agreed upon between them.
The State of Rio de Janeiro and the Commonwealth of Pennsylvania decided to open collaboration between their institutions, organizations, universities, research centers, companies and citizens, and to nurture the friendship that exists between them. This initiative seeks to encourage both states to exchange ideas and information with educational and business centers of excellence in the key engineering and technology-based industries in the fields of energy, particularly related to oil and natural gas located in their respective jurisdictions and to enhance bilateral trade and promote mutual investments in this and all other fields.
For this purpose, the signatories will encourage each of their corresponding agencies to participate actively in the above-mentioned areas, as well as encourage the participation of universities, enterprises, and institutions in the private sector and NGOs from the State of Rio de Janeiro and the Commonwealth of Pennsylvania, that might contribute to the successful implementation of this Declaration.
Signed in Rio de Janeiro on April 10th, 2013, in two equally authentic original copies, one in the Portuguese language and the other in the English language.
State of Rio de Janeiro
Sérgio Cabral Filho
Commonwealth of Pennsylvania