US Congress Moves to Strip Brazil of Developing Country Status

Brazzil Magazine covers

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:

You May Also Like

Brazzil Magazine covers

US Imports from Brazil’s Co-ops Grow 420% in Value and 916% in Volume

The United States, was the main importer of Brazilian cooperatives products last year. The ...

Brazzil Magazine covers

Brazil Goes Back on Decision to Stop Making Ethanol Cars

The Brazilian automobile industry revised its decision to stop manufacturing cars that run exclusively ...

Brazzil Magazine covers

Jazz Can’t Resist Brazil

For decades, the recordings and live appearances of famous and less celebrated American singers, ...

Brazzil Magazine covers

Brazil’s Embraer Brings Its Full Line of Executive Jets to US

Brazilian aircraft manufacturer Embraer will be showcasing its executive jets portfolio in the United ...

Brazzil Magazine covers

Brazil Hopeful Crisis Will Boost Cosmetics Exports

The Brazilian Association of Toiletries, Perfumes & Cosmetics Industries (Abihpec) estimates that sector revenues ...

Brazzil Magazine covers

Brazil Teaches Lebanon to Use Waste to Build Houses and Roads

Brazil is going to help Lebanon recycle waste to be used in the construction ...