Giving Date for End of Subsidies Would Show US and EU Are Serious, Says Brazil

    In a declaration issued today in Hong Kong (China), the 21 countries that form the G20 (the group of developing countries led by Brazil and China) once again affirmed that eliminating distortions in the rules of international agricultural trade is essential.

    To them that’s the only way to ensure that the current round of negotiations in the World Trade Organization (WTO) really constitutes the "development round," as was proposed when it was launched three years ago in Doha, Qatar.

    "The greatest structural distortion in international trade is in agriculture, through the combination of high tariffs, domestic supports, and export subsidies, which protect inefficient producers in the developed countries," says the document, which was drafted at the G20’s first formal meeting during the 6th WTO Ministerial Meeting, which got underway today.

    When the meeting ended, the Indian minister of Trade and Industry, Kamal Nath, declared that "it is necessary to leave Hong Kong having advanced a step in the direction of ending the inequities and distortions in international trade."

    Despite the widespread belief that it will be a tepid encounter, the Brazilian minister of Foreign Relations, Celso Amorim, is hopeful about the prospects for progress in Hong Kong.

    "They still won’t be the advances we desire, but I believe that there will be progress permitting us to make more definitive advances at the beginning of the year," he remarked.

    As an example of the type of step that could help get negotiations back on track, Amorim mentioned the possibility of defining a date for the end of export subsidies.

    "This does not resolve other important problems, but it would represent a demonstration of seriousness on the part of the major subsidy-givers, especially the United States and the European Union," the minister judged, repeating comments he had made the previous night after a meeting among Brazil, Japan, the United States, the European Union, Australia, and India.

    Agência Brasil

    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    Your email address will not be published.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

    Brazilian Sugar Company Builds Refinery in Syria

    The construction of the sugar refinery of Syrian and Brazilian capital is going at ...

    New Embraer 190 Jet Gets Approval to Fly in the US

    Brazilian aircraft manufacturer Embraer announced that the FAA (Federal Aviation Administration), which is the ...

    Brazil’s Dilemma: Moratorium or Euthanasia

    Once in a while, certain important questions, some even transcendental ones, emerge from dealing ...

    Dollar influx

    Brazil Starts Changing Direction with a Greater Dollar Influx

    Brazil started the month registering greater inflow than outflow of dollars. According to figures ...

    UN Readies Report on Brazilian Racism

    In order to become acquainted with the Brazilian government’s activities to combat racial discrimination, ...

    Bill to End Poverty in Brazil Puts Brazilians in Warring Mood

    Brazilians are up in arms furiously firing emails to friends and acquaintances trying to ...

    Lula’s Cabinet May Change But Not Brazil’s Commitment to South-South Business

    Approximation with other emerging countries will remain among the foreign trade policy priorities during ...

    Palestine Israel T-shirt

    US Pans Brazil for Recognizing Palestine as a State

    The United States criticized Brazil, Argentina and several other Latin American countries for the ...

    Corruption

    In the List of Least Corrupt Brazil Gets 80th Place in the World

    Brazil ranks 80 among 180 countries in the latest report from Transparency International (TI), ...

    Xingu River

    For Amazon Indians the Belo Monte Dam Means the Destruction of the House of God

    The Belo Monte Dam project along the Xingu River had its preliminary plans drawn ...