U.S., Brazil to launch ethanol offensive in Latin America
WASHINGTON - Move over, free trade. The Bush administration has a new theme to court Latin American nations: ethanol.
In the coming months, Washington will roll out a strategic partnership with Brazil to expand ethanol and other biofuels use in the hemisphere. U.S. officials are hoping not only to bolster energy security and generate more rural jobs for poor countries, but also to foster goodwill toward the United States, according to several people familiar with the plan.
There's talk that the Brazil deal could also blunt the influence that Venezuela's Bush-bashing president, Hugo Chavez, exerts in the region by creating alternate fuels to Venezuela's oil. U.S. officials, however, said that the arrangement would have happened regardless of Chavez.
"The United States and Brazil are the world's two largest biofuels producers, so cooperation is natural," said Eric Watnik, a State Department spokesman. "Our goal is to advance global energy security by helping countries diversify their supply."
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