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Your email address will not be published.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

Bolivian Indians Say They Will Cut Flow of Gas to Brazil

Guarani Indians threatened yesterday, August 28, to take control of Bolivia’s largest gas and ...

Brazil’s Asymmetrical Challenges & the World’s Covetous Eyes on the Amazon

There are three types of people, a saying goes: those who make things happen, ...

Brazil Exports 620,000 Oil Barrels a Day, a Record

Brazil's state-controlled oil and gas multinational Petrobras exported in December 2008 an average of ...

Brazil Seeks International Pacts to Fight Corruption

By the end of 2006, the Brazilian government intends to negotiate and sign judicial ...

Brazil Gol’s New Maintenance Center Will Save US$ 2 Million a Year

Brazilian Airline Gol has just opened this Friday, September 15, its Aircraft Maintenance Center ...

Brazil Says the US and EU Are Playing the Poor Guys in Copenhagen

Brazil's chief of Staff Dilma Rousseff, the head of the Brazilian delegation at the ...

Brazil’s Itaíº Bank Celebrating a C Rating by Moody’s

Moody’s, a leading international rating agency, has upgraded Banco Itau’s financial strength rating from ...

It’s Official: Bank of Brazil Opens Branch at Emirates Towers in Dubai

Banco do Brasil (Bank of Brazil) is going to officially inaugurate its representation office ...

Tasting Brazil…in Boston

Brazilian immigration has grown at such a pace in Massachusetts that it has helped ...

2006 Brazilian GDP Downgraded to 2.74%

The latest release from the Brazilian Central Bank, based on private sector estimates, downgraded ...