Brazil's government will seek a cooperation agreement with the U.S. to fight money laundering and the illegal export of weapons, Finance Minister Fernando Haddad told reporters on Thursday.

Haddad said U.S.-based funds are being used for money laundering and to disguise foreign investments in Brazil, after a high-profile police operation in the fuel sector uncovered entities incorporated in Delaware.

https://www.marketscreener.com/news/brazil-seeks-us-cooperation-as-money-laundering-probe-flags-delaware-firms-ce7d51dad981f22d