US Congress Moves to Strip Brazil of Developing Country Status

The American Conservative Union (ACU) today announced on behalf of its one million members and supporters its support of U.S. House of Representatives Resolution 3141, directing the President to terminate Brazil’s designation as a developing country, thereby eliminating the country’s qualification for preferred trade status, or GSP.

This bill, proposed by Congressman Mark Kirk of Illinois, establishes clear consequences in response to Brazil’s continued violations against American intellectual property rights.


“ACU is encouraged that members of the U.S. House of Representatives are holding Brazil accountable for its threats against American intellectual property rights,” said Stacie Rumenap, deputy director of ACU. 


“It is now time for the Administration to send a similar message to Brazil’s leadership; making it clear that threats against American innovation will not go unanswered,” she continued.


The U.S. Department of State estimates that Brazilian GSP exports to the United States were valued at US$ 2.5 billion in 2003.


American Conservative Union – www.conservative.org

Tags:

Ads

You May Also Like

Fed’s Higher Rates Cool Brazilian Stocks

Latin American stocks closed mixed to lower, as investors remained cautious as they awaited ...

Brazilian TV on the Divan

Reality shows in Brazil are already threatening the audience numbers for fiction on TV. ...

Will Debt-Ridden Brazil Follow Argentina’s Lead?

With the successful termination of Argentina’s debt swap offer on February 25, President Kirchner’s ...

Brazil’s Lula Meets Obama with an Eye on His Own Legacy

The visit of Brazil’s president to the White House on March 14, 2009, is ...

Brazil’s 10-Million Ad Blitz to Make Chicken into a National Symbol

A US$ 10 million campaign is being elaborated by advertising agency Young & Rubicam ...

Brazil’s Jiu-Jitsu Becomes Required Course in the Emirates

Children between the ages of 10 and 14 in 12 public schools in Abu ...

Police Break Up International Ring that Took 4,500 Brazilians Illegally to the US

Charged with trying to rig the US working visa program in Brazil, 11 Brazilians ...

Party Leaves Ruling Coalition in Brazil and Promises Critical Support

In Brazil, one of the smallest parties from the country’s ruling coalition has stepped ...

Brazil to Adopt Rapid Strike Force as New Military Model

The Brazilian government neither intends nor is it planning a massive troop build-up along ...

AIDS Help: Brazil Rejects US Demands for Sex Abstinence

The coordination of Brazil’s National Program for Sexually Transmitted Diseases and Aids (STD/Aids) reaffirmed ...