• Categories
  • Archives

Brazil’s Lula in Davos Urges End to Farm Subsidies

Microsoft Chairman Bill Gates and Brazilian President Lula in DavosBefore a multinational audience composed of entrepreneurs and heads of state attending the World Economic Forum in Davos, Switzerland, President Luiz Inácio Lula da Silva once again asked all countries to commit themselves to the global war on hunger and poverty.

Lula participated, January 28, in one of the Forum’s sessions, entitled “Funding the War on Poverty.” The president of Microsoft, Bill Gates, British Treasury Secretary, Gordon Brows, and the Italian Minister of Economy, Domenico Siniscalco, joined Lula on the dais.


Lula called for an end to the agricultural subsidies granted to local producers and entrepreneurs in the rich countries.


“It is necessary to establish policies that enable poor countries to sell and produce agricultural products. This is a structural question,” the President alerted.


The President recalled the advance represented by the committment assumed last September in New York by various national leaders at the United Nations (UN) General Assembly. According to the President, at the time a proposal was made to create a fund financed by taxing arms sales.


“It could be [a tax] on commercial transactions, money derived from tax havens, something robust and intended for the poor countries,” Lula suggested.


“The name of the fund is immaterial, what matters is for us to assume the commitment that a small share of the money that circulates in the world be used to constitute a large fund so that we can dream of a more just world 20 or 30 years from now,” he declared.


Lula had already called on foreign entrepreneurs to contribute 0.01% of all their financial investments to the campaign against global hunger and extreme poverty. A minimal rate of 0.01% would provide US$ 17 billion per year.


Translation: David Silberstein
Agência Brasil

Tags:

  • 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Your email address will not be published.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.

Ads

You May Also Like

Brazil Gets UN Accolades for Its Refugee Legislation and Work

Around 3,000 refugees, from 54 different countries, are currently living in Brazil. The country ...

Footwear: In Brazil, the Heels Are Alive with Prints and Nature

Creativity and fashion are no longer terms popular only within factories of end products ...

Choro, Brazilian music par excellence

Choro is Brazilian jazz many people say. It could be true if Brazil’s chorinho ...

Surprise Box

Why insist on playing with fire, which is precisely what this government and its ...

New Data on Brazil’s Low Competitiveness Are Not Accurate, Says Minister

Brazil dropped eight places in the global competitiveness ranking, according to a report released ...

Brazilian Media Continues Assault with Damming Stories on Hard-to-Fall Labor Minister

Carlos Lupi, Brazil’s minister of Labor is once again under a barrage of accusations ...

Slavery Lives on, Say 76% of Brazilians

According to Brazil’s last census, the black population makes up 50 percent of the ...

Rio Answers to 11% of All Brazilian Exports. US Is Main Destination

Exports from the state of Rio de Janeiro grew 31.5% in the first half ...

Violence Has Emptied Brazil’s Stadiums. Average Attendance Is 20%.

Brazilian Minister of Sports, Agnelo Queiroz, says that if integrated action is taken against ...

The Bulls Are Loose

Investments into Brazil economy should reach $15 billion this year, almost as much as ...