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Brazil ProgramProgram Overview On 17 November, 2008, Canada and Brazil signed a “Canada-Brazil Framework Agreement for Cooperation on Science, Technology and Innovation”. The agreement will boost collaborative research and development activities leading to the commercialization of new ideas. Subject to Parliamentary ratification, the signing of this agreement triggers the release of funds from the International Science and Technology Partnerships earmarked for Canada-Brazil R&D collaboration. It is expected that activity under this new program will commence before the end of the 2008/2009 fiscal year. The agreement will promote greater collaboration in research and development (R&D) between Brazil and Canada in areas of mutual interest. These areas include aerospace, agriculture, biotechnology, nanotechnology, pharmaceuticals, information and communications technology, and renewable energy development. This program builds on Canada’s important commercial and political relations with Brazil, the 10th-largest economy in the world. Merchandise trade between the two countries reached nearly $4.9 billion in 2007. To view the News release of Foreign Affiars and International Trade Canada (DFAIT) on the Canada-Brazil agreement, click on the following link: http://w01.international.gc.ca/MinPub/Publication.aspx?lang=eng&publication_id=386570&docnum=215
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