Brazil Debates Tariff Policy with Europe and the US

Brazzil Magazine covers

On Friday, October 28, Brazil participated in a teleconference with the government of the United States (US) and the European Union (EU) to debate global tariff policy, particularly for agricultural imports.

The Brazilian minister of Foreign Relations, Celso Amorim, said in a press conference that the US proposes a 65% average reduction in current tariff levels, while the EU favors an average cut of 39%.

"We eagerly await the European Union to present its contribution on market access by the end of the week, with proposals for an effective market opening for fresh and processed agricultural products from developing countries," he added.

Brazil’s negotiations are aimed at concluding arrangements to present in Hong Kong at the meeting of the World Trade Organization (WTO) in December.

During the press conference, Amorim read a message sent by Brazilian President Luiz Inácio Lula da Silva on October 25 to the leaders of four European countries (France, Italy, Spain, and Portugal) and the head of the European Commission, Durão Barroso, asking them to back significant reductions in tariffs and non-tariff barriers.

In the message, Lula emphasizes the need for the understandings to reach a satisfactory conclusion, since the negotiations are at a "critical juncture." And he expresses concern over "the prospect of a possible stall in the negotiations on agriculture at the meeting in Hong Kong."

The EU is the world’s largest importer of agricultural products, and "its position in the negotiations will set a standard for the contributions that other countries will be willing to make on this matter," the message goes on to say.

The President emphasizes, moreover, that the position taken by the EU will encourage other partners, "especially the United States, to make additional moves that we consider indispensable as far as domestic subsidies are concerned."

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Press 1 If You Want Weapons Sales to Be Legal in Brazil

At a drawing Tuesday, August 9, at Brazil’s Election Board (Tribunal Superior Eleitoral) it was decided that ...

Brazzil Magazine covers

US Pilots and ExcelAire Sued in New York for Brazilian Air Tragedy

Another American law firm, this time, Lieff Cabraser Heimann & Bernstein, announced they are ...

Brazzil Magazine covers

Brazil Joins 40-Country Network to Fight Bird Flu

Beginning next week, bird flu specialists from 40 countries will be linked through an ...

Brazzil Magazine covers

Brazil’s 7.5% Expansion Comes at a Cost of a Record Deficit

The Brazilian 12-month current account deficit widened to a record high in September as ...

Brazzil Magazine covers

Brazil Creates Company Just for Defense and Security Aircraft

Embraer, Brazil’s aircraft maker has just unveiled a new subsidiary that will be focused ...

Brazzil Magazine covers

Sudanese in Brazil to Get Lowdown on Ethanol and Flex-Fuel Industry

Four executives of the Kenana Sugar Company, Sudan's leading sugar firm, are arriving in ...