Brazil Opens Market and Offers Zero Tariff to Poorest Countries

During the Progressive Governance Summit, in Pretoria, South Africa, on Sunday, February 12, Brazilian President Luiz Inácio Lula da Silva declared that each country should do what it can to assist poorer nations. And he went on to offer free access for goods from the poorest nations to the Brazilian market.

"President Lula told the summit that Brazil is willing to offer access, free of surtaxes or quotas, to our market for goods from poor countries, especially the less developed nations of Africa," explained Brazilian Foreign Minister Celso Amorim.

According to Amorim, Lula also continued to insist on making progress on the Doha Round issue of farm subsidies. Lula said that fair trade is important for the development of poor nations because it reduces poverty and helps to build world peace.

In the past, President Lula criticized the way the world does business declaring that new economic, commercial and cultural policies were needed to make the world a better place, with more democracy and solidarity, and less inequality.

He said for example that rebuilding the United Nations would be a step toward more equality in the world. He also criticized protectionism in rich nations.

"There are countries that preach free trade but they practice protectionism. They want zero tariffs, but insist on maintaining subsidies that now total over US$ 1 billion per day.

"They want to liberalize services, investments, government procurement and intellectual property, but they use anti-dumping laws and quota systems to protect inefficient economic segments from fair competition," he said.

"Brazil wants an economic order that is more just and balanced, with equal opportunity for all," he concluded.

ABr

Tags:

Ads

You May Also Like

Samba in the Kitchen

She has charmed the President of Brazil and Michael Jackson with her cooking. Hollywood ...

Bulls Stampede in Brazilian Market: Stocks Jump 13.42%

After five days of steep decline the Brazilian market went into extremely high gear, ...

US Says in Brazil It Will Find Way Out of WTO’s Dead End If There Is One

International trade officials sought to strike a positive tone at the end of a ...

Brazilian Jobs Grow in Transport But Fall in Wood and Leather Sectors

Brazilian industry sector's employment rate  grew by 1% from August to September, according to ...

Police Break Another Ring Using Mexico to Smuggle Brazilians into the US

Brazilian authorities on Tuesday, November 29, arrested 35 people accused of sneaking illegal migrants ...

Brazil Has Already Slaughtered 34,000 Cattle Due to Foot and Mouth Disease

Starting yesterday, May 1st, cattle breeders in 14 states and the Federal District (DF) ...

Brazil Wants to Restart Work on Nuclear Plant Paralyzed in 1988

The director of Planning, Management and Environment at Eletronuclear – the Brazilian company that ...

Brazil’s Lula Goes to Davos in Search of Investors

The Brazilian government estimates that at least US$ 3.3 billion may be invested by ...

New and Improved Voice of Brazil

AB by: AB  After nearly seven decades on the air, the Voice of Brazil ...

Brazil and Mercosur Sweeten the Deal for EU

In an attempt to reach an agreement with the European Union before the October ...