Brazil and Australia Agree Only EU Can End Impasse at WTO

    The Australian Minister of Foreign Affairs, Alexander Downer, affirmed, Wednesday, January 4, that no agreement will be concluded in the negotiations underway in the World Trade Organization (WTO) as long as the European Union fails to offer more access to its agricultural market.

    "In the interests of a fair system of international trade, the European Union should be ready to offer more access to its market for agricultural products. We shall continue to fight for this in the coming months," he said.

    Downer said he hopes that European leaders understand that "a great responsibility weighs on their shoulders." According to the Minister, the construction of a better and fairer trade system depends upon them. "Not a trade system designed to benefit the wealthy countries, but a trade system designed to benefit all countries."

    The Brazilian Minister of Foreign Relations, Celso Amorim, made it clear that market access is the key to the logic behind the current negotiations.

    "It is the question that will determine whether or not we will have a virtuous cycle that will lead to a positive outcome. And this basically depends upon the European Union," he declared.

    Amorim, pointed out, however, that Brazil’s major interest is not in market access, but rather in the elimination of domestic subsidies granted by developed countries to their producers – a practice that distorts international market prices and is detrimental to the exports of developing countries.

    Agência Brasil


    • Show Comments (1)

    • Guest

      EU says only G20 countries can end….
      ….impasses at WTO.

      We offered something.
      You offered nothing.

      The impass is there.

    Your email address will not be published.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.


    You May Also Like

    Brazil’s Supermarkets on Recovery Path

    The real value (discounting inflation) of supermarket sales in February and the first two ...

    President Dilma Rousseff

    Brazil President Urges US and EU to Put More Effort to Control Debt Crisis

    The presidents of Brazil, India, and South Africa on Tuesday urged the world’s rich ...

    Brazil Finds Overseas Niche for Veterinary Products

    Ouro Fino, the greatest Brazilian factory of veterinary products, based in the city of ...

    Sahara market in Rio

    A Popular Shopping Hub from Rio, Brazil, Tries the Internet Waters

    A working-class shopping complex in the center of Rio de Janeiro city, known as ...

    Copercampos factory

    Green Movement Grows in Brazil a New Crop of Alternative Fertilizers

    In the interior of Brazil, in rural properties, the manure of animals in paddocks, ...

    20-dollar bill

    Brazil’s President-Elect Hints She’ll Do Whatever Is Needed to Strengthen Dollar

    Dilma Rousseff, Brazil’s president-elect, admitted her administration would take all the necessary measures possible ...

    IAEA chief El Baradei

    UN’s Atomic Energy Agency Singles Out Brazil as Example of Cooperation

    The head of the International Atomic Energy Agency, Mohamed El Baradei, praised Brazil's nuclear ...

    Brazilian Black Entrepreneurs to Get a Boost from Government

    Brazil’s Special Secretariat of Policies for the Promotion of Racial Equality (Seppir) and the ...

    Brazil: Good News from Congress Stir Up Market

    Brazilian markets went up, as economic news provided a focus. In the U.S., October ...

    Pagode Meets Death Metal in Brazil

    Napalm Death? Brazilians, it would seem, are crazy for it. Some 700 of them ...