"Also, there are now new laws in Brazil which create incentives for Argentine and Latin American films to be premiered and distributed in Brazil and vice versa"

This quote by Walter Salles speaks with the increasing cooperation between Brazil and other Latin American countries, especially Argentina. The brand-new laws in Brazil create rewards for Argentine and Latin American films to be premiered and distributed in Brazil, and for Brazilian films to be premiered and distributed in other Latin American countries. This is a favorable step towards reinforcing the ties between Latin American countries, and developing a bigger market for Latin American films. It is likewise an indication of increased collaboration between Brazil and other Latin American nations, which could lead to additional economic and cultural exchange. This might be useful for both countries, as it could result in increased investment in the film industry, and the creation of more jobs. It might likewise result in increased cultural understanding in between countries, as individuals from different countries are exposed to each other's films. Overall, this quote talks to the capacity for increased partnership in between Brazil and other Latin American countries, which might lead to favorable financial and cultural results.