Brazil Sees WTO Trade Agreement a Long Way Ahead

Brazil’s principal trade negotiator Tuesday presented a pessimistic assessment of the prospects for completing the Doha Development Round of trade liberalization negotiations by the December deadline. The global trade talks started several years ago in Doha, Qatar.

Luiz Felipe de Seixas Correa, Brazil’s representative to the World Trade Organization, says reaching a new trade agreement will be a challenge. Speaking at the U.S. Chamber of Commerce in Washington, Mr. Correa said the global trade talks come amid the WTO’s maneuvering to choose its next secretary general.


He said facing the negotiators is the task of drawing up separate proposals for agreements on trade in agricultural goods, services and industrial products.


The proposals, analysts say, must be completed by mid-year if the WTO wants to meet its December deadline for reaching final agreements.


Mr. Correa himself is a candidate for the WTO top post. His country, Brazil, is a leading advocate for rolling back agricultural subsidies and making the organization more responsive to the needs of developing countries.


He said if he is chosen to lead the WTO he will place development at the center of the trade negotiations.


“When I refer to this I’m really referring specifically to the need to create conditions for the least developed countries to participate in the process on a fairer basis,” Mr. Correa said.


Mr. Correa, a career diplomat, says procedures and agreements for completing the Doha round negotiations expire over the next 12 months and extending that would be difficult.


He said much work remains to be done in all critical areas, including agriculture, services, market access and industrial products. But he said that a deal can be reached.


VOA

Tags:

You May Also Like

Brazil and Argentina Protectionism to Jump with Venezuela in Mercosur

Venezuela has become the fifth member of Mercosur, an addition that could accelerate the ...

Brazilian Companies Learn to Make Money Selling Carbon Credits Overseas

It was just three years ago that Brazilian businessman Juarez Cotrim, from Brazil's southeastern ...

Sudan

Darfur – Brazil’s African Side Show

President Luiz Inácio Lula da Silva has made Africa an important part of his ...

Brasília Governor Loses Office to Stay Politically Alive

The jailed governor of the Federal District, José Roberto Arruda, in a gambit, in ...

Vote no campaign in Brazilian referendum on banning guns

US Gun Lovers and Haters Watch Closely Brazil Referendum on Guns

This Sunday, Brazil, the 186 million-person country will become the first in the world ...

A Brazilian Festival Turns the Lowly Bar into Gourmet Heaven

So what do you get when you hold a month-long bar food festival in ...

Brazil Is All Smiles over Prime Fall

Despite the cooling-off of the Brazilian economy, 618,577 new jobs were created in the ...

Quick Bush Win Boosts Brazil’s Stock Market

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

Brazilian Meat Giant JBS-Friboi Exports Expected to Grow More in US than Brazil

Brazil's JBS-Friboi group, a meat producer and the world's leading bovine slaughterhouse, increased its ...

Iran President Cancels Trip to Brazil and the US Sighs in Relief

Mahmoud Ahmadinejad, the president of Iran, canceled a trip to Brazil this week without ...