For Brazil, US and EU Subsidies Can Only Be Dealt With at the WTO

Brazzil Magazine covers

Despite the absence of favorable prospects for the upcoming Doha Round negotiations, the Brazilian Minister of Foreign Relations, Celso Amorim, reiterated that multilateral agreements in the setting of the World Trade Organization (WTO) remain a priority of the Brazilian government.

Not only in consequence of the diversity of Brazil’s trade partners, but, principally, in view of the impracticality of pitting forces against the developed countries in bilateral or regional negotiations, he added.

"The major distortion that exists at present is in agricultural trade. Within this distortion, the chief factor is the existence of lavish agricultural subsidies, perpetuating feudal vestiges that produce unemployment, hunger, and poverty in the developing countries," he affirmed.

"There is no way to deal with this issue in a regional framework, in an eventual FTAA (Free Trade Area of the Americas), nor in the context of the European Union. Only in the WTO," Amorim opined, after a public hearing in the Chamber of Deputies.

The Minister said he believes that in a bilateral "arm wrestling match" Brazil would never have won the victories it achieved against US cotton subsidies and European sugar subsidies.

"It would be impossible to imagine, because there would have been neither a dispute settlement system nor rules allowing the objections we raised," he judged.

"A negotiation on the regional level, if not previously offset by good multilateral rules, would probably do harm to various sectors in Brazil," he concluded.

Inaugurated in 2001 at the 4th WTO Ministerial Meeting, in Doha, capital of Qatar, for the purpose of establishing fairer trade rules, the new round of negotiations – referred to as a development round – did not make headway in 2003 at the 5th Ministerial Meeting, in Cancun, Mexico, and was given an extension through 2007.

The Hong Kong Summit, set for December, is already being regarded as a vital moment for the Doha Round.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Brazilian Architects Have Program to Get World Recognition

The idea is to promote Brazilian architecture projects and services abroad. For that the ...

Brazzil Magazine covers

Rebelo’s Turn

Some have dismissed his initiative as just "the paranoia of the Brazilian left-wingers", but ...

Brazzil Magazine covers

Tool to Protect Argentina from Brazilian Invasion Pleases Lula and Kirchner

Despite complaints of Brazilian entrepreneurs, the Presidents of Brazil, Luiz Inácio Lula da Silva, ...

Brazzil Magazine covers

The Princess Goes to Rio’s City of God

Bonds deepen between the Princess and the attentive angels, for despite the fact that ...

Brazzil Magazine covers

Brazil on the Verge of Surpassing Italy to Become World’s 7th Largest Economy

The economy of Brazil will likely be larger than that of Italy next year, ...

Brazzil Magazine covers

They Say It’s Getting Better, But Trash Is Still a Serious Issue in Brazil

Urban waste problem is huge in Brazil – yet, it  is visibly improving. Almost ...