US and Brazil agree to Amazon development

The US and Brazil have agreed to promote private-sector development in the Amazon, during a meeting in Washington on Friday.

They also pledged a $100m (£80m) biodiversity conservation fund for the Amazon led by the private sector.

Brazil's foreign minister said opening the rainforest to economic development was the only way to protect it.

Ernesto Araujo also hit back at criticism of Brazil's handling of the forest fires.

He told reporters in Washington that claims the country is "not able to cope with the challenges" were false.

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