Brazil Ready to Impose Sanctions on China

Imports from China have risen an average 57% in general, and up to 70% in some sectors this year, reports the executive secretary of the Ministry of Development, Ivan Ramalho.

Responding to complaints from the Brazilian industrial sector, especially textiles, the government is reportedly about to impose safeguards on imports from China.

If approved, in compliance with World Trade Organization norms, the safeguards on textiles will remain in effect until 2008. Other safeguards, in other sectors, will remain in effect until 2013.

However, the government will still discuss the issue with representatives from the industrial sector and investigate the matter based on those talks.

It is also possible that Brazil will negotiate the problem directly with China and avoid the need for the safeguards. Apparel makers demand limits on Chinese imports.

Apparel

The Abravesp (Associação Brasileira do Vestuário – Brazilian Apparel Maker Association) is calling on the government to limit Chinese imports, beginning this year. Abravesp wants to impose a ceiling on the fifteen main Chinese imports.

Under the proposal, the Chinese would be able to bring in only 1% of Brazilian production of any product in 2005. That quota would rise by 1 percentage point per year until it reaches a maximum of 15%.

The Brazilian clothing industry is bracing for a large influx of Chinese imports now that restrictions in international trade of textiles and apparel have been removed as part of World Trade Organization negotiations dating back over a decade.

ABr – www.radiobras.gov.br

Tags:

You May Also Like

The Big Winners in Honduras Are Lula and Brazil’s New Moral Authority in LatAm

Five months since the coup d'état and the situation in Honduras only complicates itself ...

Brazil Summit to Discuss Bolivia’s Full Membership in Mercosur

Diplomats of the Gulf Cooperation Council (GCC) arrive today in Rio de Janeiro to ...

A Danger in Brazil: Splitting into Two Races

Hidden behind accounts in the press and the government’s Diário Oficial, the real Brazil ...

Brazilian vice president José Alencar

Brazil Summit Presents Biofuel as Answer to Planet’s Energy Needs

The present and the future of ethanol in the world is being debated in ...

LETTERS

By With Manuel Bandeira and Carlos Drummond de Andrade, João Cabral de Mello Neto ...

Brazil and Neighbors Build Their Own US$ 7-Billion Nest Egg

The definitive agreement for the launching of the Bank of the South, a multilateral ...

Vargas: Haunting Brazil, 50 Years Later

Brazilian President Lula and his Workers Party may well owe their beginnings to Getúlio ...

Petrobras's probe ship off the coast of Brazil

Light Oil Discovery in Brazil Opens Windows of Opportunity

Tests carried out by Petrobras through vertical well 1-RJS-628A drilled at 2,140 meters (7,021 ...

This Is Old GDP, Says Minister About Brazil’s Just-Revealed Recession

Brazil's Finance minister, Guido Mantega, when commenting on the Brazilian economy performance in the ...

Brazil and US Waiting for the Other to Blink First on WTO Talks

Brazil signaled this week it would take a tough stance in talks to save ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`