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.

UN, aid groups warn Gaza operations at risk from Israel impediments
US approves $11.1 billion arms package for Taiwan, largest ever
Trump adds seven countries to full travel ban list
Indian parliament votes to allow private firms in nuclear power sector
