Africa Wants to Share Money Brazil Will Get from US for Subsidizing Cotton

    Cotton field in Brazil

    Cotton field in BrazilA ruling by the World Trade Organization (WTO) dispute panel allowing Brazil to retaliate against the United States to the tune of over US$ 800 million per year has been put on hold for at least 60 days.

    The pause is part of the ruling, which took eight years for the WTO to reach. It permits the parties to engage in further discussions.

    After discussions, the Americans agreed to three points. First, they will immediately reexamine the US farm subsidy program. Second, they will recognize the state of Santa Catarina as a foot-and-mouth free zone without vaccination, three years after the World Animal Health Organization did so, making it possible for Santa Catarina to export meat to the US.

    And, third, they promise to create a fund of US$ 147 million to finance a program to assist Brazilian cotton growers.

    Meanwhile, African cotton growers, who did not join Brazil in the case against the US cotton subsidies at the WTO – a very expensive legal process – have expressed a desire to get a share of the US$ 147 million fund. While Brazil was harmed by US cotton subsidies, they wiped out cotton growers in many small African countries.

    Haroldo Cunha, president of the Brazilian Cotton Growers Association (Abrapa), says he wants the funds to be shared by the Brazilian government and the private sector (no mention of Africans).

    But, says Cunha, the US negotiators are insisting that the money should go to American research institutions.

    ABr

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Gas station in Brazil

    Brazil Reduces Ethanol in Gasoline in Effort to Curb Prices

    In Brazil, starting this February 1st, the mandatory percentage of ethanol added to gasoline ...

    Peru’s President Elect Travels to Brazil Aboard Brazil’s Air Force One

    Peruvian elected president Alan Garcia is scheduled to travel Tuesday to Brazil invited by ...

    Quick Bush Win Boosts Brazil’s Stock Market

    Brazilian equities climbed, as the relatively speedy resolution of the U.S. presidential election removed ...

    Textile industry in Paraná state, Brazil

    Sales Jump 1.5% in Brazil. Clothes Up, Books Down

    Compared with the previous month, retail trade sales grew 1.8% in March, in Brazil, ...

    America's Summit

    Brazil and Argentina Warn US Cuba Can’t Be Excluded from Americas Summit Anymore

    Brazil and Argentina have decided: the upcoming April Summit of the Americas in Colombia ...

    Portugal, a Brazil Colony

    Wandering around the streets of Lisbon, you will eventually bump into a Brazilian. It ...

    Getting to the Bottom of Brazil’s Gerald Thomas

    {mosimage}Arnold Schoenberg’s twelve-tone opera Moses und Aron, unjustly portrayed in the classical-music media as ...

    Brazilian soccer player Mané Garrincha

    Two Decades After His Death, Footballer Garrincha Still Moves Brazil

    On November 25, 2005, George Best, Britain’s iconic football genius and self-destructive prodigal son, ...

    RAPIDINHAS

    Irreverent, sensual without being crass, author Joyce Cavalcante has focused her writer’s eye on ...

    Chavez and Lula

    Despite Opposition There’s Strong Lobby in Brazil to Accept Venezuela in Mercosur

    Former president of Brazil and current president of the Brazilian senate José Sarney reiterated ...