Brazil Ready to Retaliate If US Doesn’t Stop Cotton Subsidies

Brazzil Magazine covers

The Brazilian Minister of Agriculture, Roberto Rodrigues, says he considers noncompliance by the US with World Trade Organization rulings on its cotton subsidies a remote possibility.

“We are on the eve of the Sixth WTO Ministerial Conference (the meeting will happen December 13 to 18) in Hong Kong. If the Americans do not comply there will be no meeting. How are we supposed to discuss the future of international commerce if the world’s biggest trading nation, the most important in farm produce, does not obey a WTO decision? I feel certain this will not happen.


“However,” the Minister added, “in the remote possibility that there is noncompliance, we will retaliate. We are studying our options in the area of retaliatory action. We are looking at other products, for example.”


The comments by the Minister were made at the Second World Coffee Conference, which is taking place in Salvador, Bahia, and came a week after the expiration of a deadline set by the WTO Dispute Settlement Panel for the US to remove its cotton subsidies.


The deadline was established six months after the panel ruled in favor of Brazil in the complaint it made against the US cotton subsidies. That ruling was final and cannot be appealed.


ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Says Its Closeness to Developing Countries Is Paying Off Richly

Brazil’s Minister of Foreign Relations, Celso Amorim, made this Wednesday, August 31, in a ...

Brazzil Magazine covers

Rio Never Was Paris

Rio is no longer Brazil’s federal capital and the city has gone to seed. ...

Brazzil Magazine covers

U.S.A. Calendar

SUNDAY 1 NEW YORK 9:00 AM – 7:00 PM – Raça Negra at Brazilian ...

Brazzil Magazine covers

Despite Low GDP Brazil’s Economy Jumps from 15 to 11th Place in the World

Brazil became the leading Latinamerican economy in 2005, ahead of Mexico, and ranked eleventh ...

Brazzil Magazine covers

Where Is Obama’s Pledge of Equal Partnership in LatAm? Brazil Wants to Know

Despite many credible reports of violent crackdowns against supporters of ousted president, Mel Zelaya, ...

Brazzil Magazine covers

Brazil Gets Record Primary Surplus in March: Over US$ 6.2 Billion

Brazil’s non-financial government sector saved US$ 6.223 billion (13.186 billion reais) in March. This was ...