Africa Wants to Share Money Brazil Will Get from US for Subsidizing Cotton

Cotton field in BrazilA ruling by the World Trade Organization (WTO) dispute panel allowing Brazil to retaliate against the United States to the tune of over US$ 800 million per year has been put on hold for at least 60 days.

The pause is part of the ruling, which took eight years for the WTO to reach. It permits the parties to engage in further discussions.

After discussions, the Americans agreed to three points. First, they will immediately reexamine the US farm subsidy program. Second, they will recognize the state of Santa Catarina as a foot-and-mouth free zone without vaccination, three years after the World Animal Health Organization did so, making it possible for Santa Catarina to export meat to the US.

And, third, they promise to create a fund of US$ 147 million to finance a program to assist Brazilian cotton growers.

Meanwhile, African cotton growers, who did not join Brazil in the case against the US cotton subsidies at the WTO – a very expensive legal process – have expressed a desire to get a share of the US$ 147 million fund. While Brazil was harmed by US cotton subsidies, they wiped out cotton growers in many small African countries.

Haroldo Cunha, president of the Brazilian Cotton Growers Association (Abrapa), says he wants the funds to be shared by the Brazilian government and the private sector (no mention of Africans).

But, says Cunha, the US negotiators are insisting that the money should go to American research institutions.



  • 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Your email address will not be published.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.


You May Also Like

Terminator Seeds Would Cost Brazilian Soy Growers US$ 400 Million

So-called suicide or terminator seeds, which germinate only once forcing farmers to buy new ...

An Arab Helpful Hand to Brazilian Deserts

During the international seminar about the semiarid and water resources, which took place in ...

To Brazil, Mercosur’s Growth Is a Thorn to Market-Skeptics

The Minister of Foreign Relations of Brazil, Celso Amorim, opened this morning, in the ...

Brazil May Offer Tax Cuts to Encourage Long-Term Lending by Banks

The Finance minister of Brazil, Guido Mantega has just informed that foreign-based companies operating ...

Brazil Never Saw Such Promising Economy, Says Lula

Brazilian President Luiz Inácio Lula da Silva praised the government’s economic policy. In a ...

Music: Brazil’s Latest Export Product

Brazil wants to show its beat. If this is the country of music, why ...

Japanese in Brazil Looking for a Good Deal

A Japanese mission is visiting the city of Manaus, capital of the state of ...

Brazil’s New Corruption Scandal Further Hurts Former President Lula’s Reputation

Dilma Rousseff, the president of Brazil, moved quickly and without considering political allies ordered ...

Florida Professor Accused of Using Brazilians as Guinea Pigs

There are reports that the inhabitants of a riverside village, São Raimundo do Pirativa, ...

By Leaving Congress Cardozo Makes Himself Greater But Diminishes Brazil

José Eduardo Cardozo is one of this generation’s most respected, successful politicians. Serving his ...