Brazil and the USA have agreed to work together and promote development in the Amazon.
The decision was made in a meeting between diplomats of the two countries on Friday.
The private-sector developments have been supplemented by a biodiversity conservation fund for the Amazon.
Brazil's foreign minister Ernesto Araujo claimed that opening the rainforest to economic development is the only way to protect it.
Trump says US will not use force to acquire Greenland
US President Donald Trump ruled out the use of force in his bid to control Greenland on Wednesday, but said in a speech in Davos that no other country can secure the Danish territory.
Pakistan to join 'Board of Peace' on Gaza
Pakistan will join US President Donald Trump's 'Board of Peace' to help achieve lasting peace in Gaza, its foreign ministry said on Wednesday.
Determined to seize Greenland, Trump faces tough reception in Davos
US President Donald Trump barrels into Davos, Switzerland, on Wednesday, and he is likely to use the World Economic Forum to escalate his push for acquiring Greenland despite European protests in the biggest fraying of transatlantic ties in decades.
Spanish train drivers call for strike after deadly derailments
Spain's biggest train drivers' union on Wednesday called for a nationwide strike to demand assurances for the profession's safety after one of Europe's biggest train crashes left at least 42 dead and a second derailment killed a driver.
Latest With Hit
Akhil Kavalayoor live on Radio Active
Latest With Hit
Watch Dona & Jean as they grove to SakkathaGavle !
Latest With Hit
Ted X speaker, AI trainer Raul John Aju giving us AI lessons.
