Brazil wants to develop a standard for ethanol with the United States to help promote trade of the fuel.
Currently, both countries combined produce about 70 percent of all ethanol fuel worldwide.
The U.S. uses corn for its base while Brazil uses sugar cane, which is supposed to be a far more efficient raw material that creates cheaper ethanol. The U.S. has a 54 cents per gallon tariff on Brazilian-produced ethanol imported into the country.
It is said that if the U.S. and Brazil can work out a standard, then it is likely that the standard will be used worldwide.
It is interesting to note that more than half of Brazil's new vehicles in recent years have "flex-fuel" motors that can run on ethanol or gas or a mixture of the two.
Via canada.com