WTO Hints Brazil and Friends Are Holding Hong Kong’s Meeting Hostage

Brazzil Magazine covers

The European trade commissioner, Peter Mandelson, said today, that everyone must leave Hong Kong with good news to take home.

"Everyone here must be able to go home saying, yes, we advanced in relation to the developing countries, but we also advanced in terms of our own interests. In relation to industrial goods, for example," Mandelson affirmed, on the second day of the 6th Ministerial Meeting of the World Trade Organization (WTO).

According to the European representative, one of the obstacles the round of negotiations is facing is the lack of offers.

"There is little on the table. A round needs more than proposals for agriculture," he said, in an unveiled criticism of the demands presented by the developing countries, which will only admit negotiating lower tariffs for industrial goods if the European Union improves its offer on market access for agricultural goods.

The G20, the group of 21 developing countries led by Brazil and India, is demanding that Europe cut its agricultural tariffs 54%, but, in October, the Europeans said they were unwilling to reduce them more than 39%, and they have stuck to this position, besides insisting on excluding from the general rule practically all the products in which the developing countries are competitive.

Mandelson acknowledged that agriculture is an important part of the round, "but not the only one," and he reaffirmed that stimulating trade also involves access to markets for non-agricultural goods. "Unless we make progress in other areas, the whole negotiation will remain at a standstill," he warned.

The European commissioner supported the so-called development package, which is still under discussion, proposing unrestricted market access to products from the least developed countries, those with per capita incomes of less than US$ 750.

He pointed out, however, without mentioning names, that there are resistances and disagreements among some WTO members about total tariff and quota exemption for certain products.

Hong Kong 2

The Brazilian Minister of Agriculture, Roberto Rodrigues, believes that another meeting will be held to give continuity to the World Trade Organization’s (WTO) 6th Ministerial Conference, which is going on this week in Hong Kong.

The complementary meeting, which the Minister referred to as Hong Kong 2, should take place in April of next year. "We came expecting little, in the knowledge that the solutions will not come from here. But the lack of an agreement does not represent a total loss. A bad agreement would be a definite failure," he affirmed.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

A Doctor’s Word: Virus as unpredictable as the weather

Advertorial My 10-year-old son tracks the weather map each day and enjoys the predictability (colder ...

Brazzil Magazine covers

Brazil to Become in 10 Years a Big Trendsetter in Latin America

By 2020 Brazil should be even a greater dictator of consumer tastes in Latin ...

Brazzil Magazine covers

Petrobras Opens “New Frontier” With Light Oil Discovery in Brazil

Brazilian government-controlled oil giant Petrobras confirmed this week the existence of light crude and ...

Brazzil Magazine covers

Brazil Industry’s Installed Capacity Up, But Still 3% Below Last Year

For the fourth month in a row, the use of installed capacity by the ...

Brazzil Magazine covers

Brazil Dedicates a Day to Solidarity with Palestinians

Brazilians expressed their solidarity, yesterday, November 29, to the people of Palestine, an Arab ...

Brazzil Magazine covers

With US$ 1 Billion Budget 190,000 Census Takers Start Knocking on Doors in Brazil

It was 3 pm on Sunday when Brazilian census takers arrived at the home ...