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 Sets Free Condom Machines in Schools Plus 55 Million Condoms for Carnaval

The Brazilian ministry of Health has begun distributing condoms directly in schools alarmed with ...

Brazzil Magazine covers

Brazil Sets US$ 600 Million Apart to Reward Sustainable Agriculture

The Agriculture and Livestock Plan, launched this month by the Brazilian federal government, is ...

Brazzil Magazine covers

Brazil Joins Select Astronaut Club

Brazil will be giving a significant step towards joining the select group of countries ...

Brazzil Magazine covers

Elisete, the Brazilian Singing Bird from Israel

Her name is Elisete, she is a singer and songwriter. She was born in ...

Brazzil Magazine covers

Loans by Brazil’s Development Bank Grow 30% to Record US$ 37 Billion

Brazil's BNDES (National Bank for Economic and Social Development) posted record disbursements in the ...

Brazzil Magazine covers

Jeitinho Land

In cases where regulations have to be confronted, Brazilians pride themselves on being especially ...