Subsidies Are Bound to Hurt US and EU, Says Brazil’s Diplomat

Brazzil Magazine covers

According to Brazilian retired diplomat Rubens Ricúpero, the former secretary general of the UN Conference on Trade and Development, Brazil should not be so concerned with free trade questions in the farm sector at this time, especially in negotiations at the World Trade Organization level. "Sooner or later these problems are going to be dealt with and progress will be made," he said.

Ricúpero went on to emphasis that besides world public opinion which is against the present system of subsidies, there is the fact that budgetary limitations will make it impossible for such spending to continue (for example, western European nations are spending about US$ 1 billion per day on farm subsidies).

According to Ricúpero, the rich nations dominate world trade and almost always come out on top in multilateral negotiations. So, he suggests more direct negotiations, country to country, or block to block.

"There is a natural tendency for trade to increase," says Ricúpero. He points out that this year, even without successful agreements at the WTO or the FTAA, Brazilian exports rose 35%.

"The idea that trade only increases as a result of negotiated agreements is not true. It can happen through the give and take of normal relations. You just have to be careful about giving too much," concluded Ricúpero.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Amazon: Brazil Talks Tough While Acting as a Banana Republic

In early April, Brazil broke off relations with the Inter-American Commission on Human Rights ...

Brazzil Magazine covers

Music: Brazil’s Latest Export Product

Brazil wants to show its beat. If this is the country of music, why ...

Brazzil Magazine covers

Best-seller Books, Plays and Movies

Although this year’s Carnaval that took place in June in San Francisco is just ...

Brazzil Magazine covers

Soybeans Producers in Brazil’s Amazon Threaten to Invade Greenpeace’s Ship

Since 8:30 this morning, May 19, the ship Arctic Sunrise, belonging to the non-governmental ...

Brazzil Magazine covers

Venezuela’s Deals Are Too Good to Pass, But Brazil Has Been Resisting

While crowds of cheering supporters gathered outside the National Assembly in Venezuela on August ...

Brazzil Magazine covers

Native Pride

It’s still difficult to determine the exact number of reemerged peoples, since reaffirming their ...