• Categories
  • Archives

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

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.



  • Show Comments (2)

  • Guest

    …dont you also subsidize your large farmers and your agroindustries with much below market interest rates ????

    Come on !

  • Guest

    …dont you subsidize your coffee growers with low interest rates, export financing, government stock warehouses ??????

    …dont you subsidize with very low interest rates (well below market rates), your cotton farmers, your grains growers ??????

    So why are your critizing others….when you do the same things ????

    If you are so competitive and have so much land available, calling yourself the garden of the world, could you explain to the world why you still have hunger and farmers without land despite the millions and millions of undevelopped available hectares ????????

    Things dont add up !


Your email address will not be published.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.


You May Also Like

Caribbean Mission Learns from Brazil about AIDS

Representatives of the Caribbean Community and Common Market (Caricom) are in Brazil on a ...

Brazil's electronic ballot box

Brazil: Election Gives Voters Chance to Clean Up Congress

Brazilian Congressmen have started to make some long-needed reforms in the House of Representatives. ...

Foreign Capital Jumps Ship in Brazil

Latin American equities witnessed a heavy sell-off, strongly led by Brazilian shares, as foreign ...

With 200% Credit Card Interest Rates Brazil Bracing for 12.5% Prime Rate

The Brazilian Central Bank’s Monetary Policy Committee (Copom), which sets the country’s basic interest ...

Downtown São Carlos in São Paulo, Brazil

Brazilian City Celebrates 150 Years of Arab Presence

São Carlos, a town in the interior of the southeastern Brazilian state of São ...

Brazil Bishop Calls River Transposition Project Antiethic

During a hearing held last week at the Brazilian Senate on the São Francisco ...

Brazil’s Wookworkers Get a Coat of Technology

The main entities in Brazil’s furniture sector want to increase the technology access of ...

No Yes-Man Anymore

After 100 years playing a subordinate role to the United States, Brazil, under Lula, ...

Good Political and Economic News in Brazil Helps Drag Market Up

Latin American markets were mixed, with Brazilian stocks edging up amid conflicting signals on ...

Sublime Folly

By Brazzil Magazine E a coisa mais linda de se ver: É o Ilê ...