After Talking to Blair and Merkel Brazil Lula’s Is Hopeful on WTO Accord

    Speaking this Monday, May 15, to Brazilians on his weekly radio program, "Breakfast with the President," the President of Brazil, Luiz Inácio Lula da Silva, declared that he believed an agreement within the World Trade Organization framework was possible this year.

    Lula made his remarks following the summit in Austria which brought together the European Union, Latin America and the Caribbean. Lula said he was encouraged in his conversations with the leaders of England, Tony Blair, and Germany, Ângela Merkel.

    According to Lula, a worldwide agreement has to deal with three problems. First, the United States has to reduce farm subsidies.

    Then, the EU has to open its markets to farm produce from developing and poor nations. Finally, developing nations, those in the G-20, have to open their markets to manufactured goods from rich nations.

    "If we can achieve this triangulation, we can surprise the world with an agreement that everyone thinks is impossible. I am convinced that if we all work together in a responsible manner it can be done. We can make it possible for poor nations to sell their goods on world markets," said Lula.

    The Brazilian president added that he hoped progress would be made on the issue at the next G-8 meeting in Saint Petersburg in July. "An agreement like this would mean progress for the next 20 to 30 years in world trade," Lula concluded.

    ABr

    Tags:

    • Show Comments (1)

    • Guest

      Sorry Lula !
      The EU is already your No1 client for you agriculture !

      Knock to another door or open yours for industrial goods and financial services !

      Your door is very much closed but I guess this what you call…..TRADE !
      UNILATERAL TRADE IS YOUR DREAM, but it wont be a reality !

    Your email address will not be published.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

    Brazil’s Bank Workers Union Goes on National Strike

    Latin American stocks sank deep into the red, as investors continued to take profits, ...

    Rua das Flores in Curitiba, Brazil

    For Investors Worldwide Brazil is Priority Number 1 in LatAm

    Although Chile is considered the market with the most favorable environment for business, only ...

    Brazil Says Child Sex Is Serious Matter. Crime Involves Authorities and Elites.

    Sexual exploitation of children continues to be a serious problem in Brazil, "reaching worrisome ...

    Brazil: Halloween Holiday Spooks Sí£o Paulo Candidate

    Hackers have been at work, changing sections of the City Hall website in São ...

    O Globo in Kindle

    Amazon’s Kindle Now Has the New York Times and Brazil’s O Globo

    Among the three largest and most influential Brazilian newspaper Brazil's daily O Globo this ...

    In Brazil, Teaching the Koran in the Original

    In the corridors of the Brazilian Islamic School, in the Vila Carrão neighborhood in ...

    An ethanol distillery in the state of Paraná, south of Brazil

    Brazil Expects Half of Its Ethanol Industry to Be Foreign Owned

    The participation of foreign capital in the Brazilian ethanol industry should reach 50% in ...

    Brazil Industry and Services Shrink in First Quarter

    Brazil’s Gross Domestic Product (GDP) – the sum of all goods and services produced ...

    Brazilian Astronaut Raring for Space Flight

    Brazil may have its first astronaut in space in 2006. It is expected that ...

    Soy harvest in Brazil

    2014 Brazilian Grains Harvest Reaches 195 Million Tons, a Record

    The Brazilian production of grains in 2013/2014 has reached 195.46 million tons, according to ...