Brazil and G20 Vow to Stand Ground Against US’s and EU’s Farm Subsidies

Brazilian Foreign Minister Celso Amorim Developing countries are vowing to stand their ground on key principles in deadlocked world trade talks, Brazilian Foreign Minister Celso Amorim said after meeting counterparts in Geneva.

"We all know that we are in a negotiating phase but we don't want to sacrifice basic positions just for a speedy result," he said a week before a meeting of four key WTO nations in Potsdam, Germany.

Monday's, June 11, encounter at the World Trade Organization in Geneva involved about 100 representatives from the G20 group of developing and emerging nations in the WTO, as well as members of other developing nation groups.

The groups reiterated in a statement that "agriculture lies at the center of the Doha Development Agreement," which launched the global trade negotiations in the Qatari capital in 2001.

The meeting of ministers from Brazil, the European Union, India and the United States in Germany next week is due to make another attempt to unlock the floundering five year-old negotiations.

Indian Trade Minister Kamal Nath, a key ally of Amorim's, underlined that the talks were aimed primarily at using trade to help poor countries.

"We are united in our resolve to attain the goals of this development round," Nath told journalists.

"The content of this round is more important than the timeline. We believe that this is a historic opportunity to correct the structural flaws in agriculture trade," he added.

Developing countries and wealthy nations are largely at loggerheads over the degree of state support for agricultural markets along with the level of protection against imports, primarily in the EU and the United States.

Rich nations meanwhile are looking for more concessions from developing nations on access to their markets for industrial goods and services.

French President Nicolas Sarkozy warned shortly after he won election last month that France would veto negotiations at the WTO if French farming interests were threatened.

Mercopress

Tags:

You May Also Like

Brazil’s Trade Surplus Grows to US$ 30 Billion

Brazil sold US$ 1.871 billion in products to the exterior last week and bought ...

Brazil Is Coming to (New York) Town

This December, when the temperature outside is a balmy ten degrees, New Yorkers will ...

Argentina’s Recovery Boosts Brazil Trade

Mercosur commerce is part of the reason that Brazil has been running historical trade ...

Brazil Finds Clients for Its Expensive Toy Cars in Qatar

Fapinha, a Brazilian maker of mini vehicles for children, is going to export 150 ...

In Brazil See-Saw Is Up While Lula Ponders Whether to Run Again

Latin American markets strongly recovered from weakness yesterday, on a Brazilian rally. Political tensions ...

Boeing B777-300ER from Brazilian TAM

Brazil’s TAM Doubles Its Boeing Fleet to 8 B777-300ERs

Brazilian airline TAM announced the acquisition of four additional new Boeing 777-300ERs. With this ...

Brazil: 19 Years Later 3 Men Accused of Murdering Missionary Stand Trial

Nineteen years after the murder of Vicente Cañas Costa, a Jesuit missionary who lived ...

Brazil to Send Dental Records to Help Identify New Orleans Victim

The Brazilian Ministry of Foreign Relations informed that the United States government asked the ...

Brazil Justice Sentences American Pilots to Four Years in Prison Commuted to Community Service

Joseph Lepore and Jan Paladino, the American pilots who are accused by Brazil to ...

Brazil’s Mafia Boss Orders End of Rebellion from Maximum Security Cell

According to daily O Estado de S. Paulo, the order to stop the rebellions ...