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Brazil’s Lula Believes Agreement on World Trade Will Happen in a Few Days

Bush receives Brazilian President Lula in Camp David

Bush receives Brazilian President Lula in Camp David Brazil and the United States expect that in the coming 30 days agreement on the Doha Round global trade talks can be reached, revealed Monday, April 2,  Brazilian president Lula da Silva during his weekly broadcast program.

Last Saturday, March 31, Brazilian President Luiz Inácio Lula da Silva met with US President George W Bush at the Camp David retreat and apparently reached some kind of understanding on the stalled World Trade Organization Doha Round talks plus asserting the "strategic" alliance between Brazil and the US in several fields.

"President Bush told the press he wants an agreement at WTO level. He said he was willing to reach such an agreement, and in the meeting with me, he personally insisted that in the coming days we must be ready to agree on the trade deal," said Lula.

The Brazilian president said that this week he will be phoning British Primer Minister Tony Blair and German Premier Angela Merkel, since Germany currently holds the EU presidency, to push for the Doha negotiations.

"If we reach a Doha Round agreement, I think it will be a great achievement, particularly for the poor world since we will be giving them an opportunity to join the XXI century," added Lula.

Last Saturday following the meeting with the Brazilian president, Bush addressing the US press said it was in the interest of the US "that we successfully finish these WTO discussions".

The four main actors of the Doha Round talks, Brazil, India, US and the EU, are scheduled to meet in mid April in New Delhi to find a compromise in agriculture, farming subsidies and markets access.

The Doha Round talks were launched in 2001 but were interrupted last year following disagreements in agriculture. Last January a new round of contacts was started to try and find common ground to proceed with negotiations.

The 150 WTO member countries have until next June 30 to find an understanding since on that date the special negotiations powers of the US Executive, granted by Congress, expire.

Developing countries are demanding for an end to farm subsidies and access to rich countries' markets, while the developed world is asking in exchange openings in services and for manufactured goods.

Mercopress

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  • Show Comments (5)

  • AES

    Ch.c: Confoederatio Helvetica cinicus
    Better than ‘fromage swisse’. Cheaper products because of cheaper labor kills employment in the U.S. Brazilian iron ore went up 71% in price in 2006. The $R Real (today) at $R 2.02 buys thirty percent more than it did three years ago. It is the U.S. that loses its cheap illegal immigrant farm labor advantage. If you cannot compete in a global market ie price, than you cannot compete. Your conclusion of ‘far more expensive than your exported products and far more profitable’ is untrue. Everything from Brazil is 30% more expensive for the U.S. and everything from the U.S. is 30% cheaper.

  • aes

    Ch.c Cynicism
    There will be an agreement. It is diplomatic to say ‘if’, it however is perfunctory. It is a done deal.

  • ch.c.

    Cyniscism ?????
    A deal would be good, very good for……. US !
    We will buy more of your cheap agriculture, pig iron and basic commodities !
    YOU WILL BUY MORE SERVICES AND MANUFACTURED GOODS FROM US……BUT FAR MORE EXPENSIVE THAN YOUR EXPORTED PRODUCTS AND FAR MORE PROFITABLE….FOR US !!!!!!

    DOESNT THAT SOUND TRULY GREAT …..MOSTLY FOR US ??????

    i

  • u.s.guest

    SCORE 1 FOR THE U.S. EAGLE
    the eagle saw the fox and the sheep.. and shrugged…

  • ch.c.

    Lula is lying again and again !
    There could be an agreement…. if….. the developing nations ALSO open their doors to foreign manufactured goods and services.

    Bush was quite clear and spelled it quite clearly in the interview he has given WITH Lula.
    Interview published also in this site….yesterday !!!!!!!!

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