• Categories
  • Archives

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:

  • Show Comments (2)

  • Guest

    It is like saying……
    …it is unfair that a in a developed nation the average worker earns
    let say US$ equivalent of 50000.- per year while the average Brazilian worker earns the equivalent of US$ 7000.– !

    The appropriate question should be why have the economical and political decisions taken in the last 50 years by Brazilian governments resulted in giving only actually US$ 7000.- per averaghe worker compared to the developed nations average worker earning US$ 50000.- !!!!!!

    Then do your own analysis of what you did/still do wrong….what they did/still do correctly…and finally you just copy those who succeeded and not re-copy your own lamentable failures.

    If you are unable to have not only your own self criticisms but also unable to find what should be done……just re- read what has been told to you in writing so many times by International agencies.

    When you accuse them, as you do now, that it is their fault, but nor yours (of course), sorry but in the meantime those who followed their recommendations have grown far more than Brazil did.

    Simple demonstration that what has been told you was not as bad as you say now ! It is not because you failed to follow proper recommendations that what was told you in length was bad !

    It is like building a house. If you did not know and still dont know how to build a solid house despite having been explained how to do, at the end it is the house where you will live, not our house !

    The commitment and accountability to succeed is totally unknown in Brazil with brazilian politicians and elected people. They only know how to succeed for themselves, not for what they are supposed to do and not for what their mission is on behalf of the voters who elected them !

  • Guest

    No country in the world…..
    …subsidizes at a rate of US$ 1 billion a day !

    Not even the USA !

    Put a name on the countries as you say (not 1 country by definition) that subsidizes as much !

    On the other hand it should not be difficult to find out that Brazil subsidizes more than anyone else in this world if we compare the rate of subsidies to the national GDP !

    Obviously a developed nation would subsidize more in total amount because the country is far bigger than Brazil economically, but still would represent a lower rate of subsidies if compared to the GDP than what Brazil does !

    Afterall the U.K has a GDP of US$ 2 trillion with a population a third or less than Brazil. But Brazil has only less than half the U.K. GDP !!!!!
    Therefore you cannot compare the dollar amounts but only what it represents to the respective countries !

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Fueled by Alcohol Brazil’s Sugar Cane Crop Breaks Record

The area in which sugar cane is cultivated in Brazil increased from 5.625 million ...

The Right Prescription

Like the United States and the world’s richer nations Brazil—with much cunning, lots of ...

Brazil’s Supreme Refuses to Order Arrest of Adman Involved in Vote-Buying Scheme

Brazil’s president of the Federal Supreme Court (STF), Minister Nelson Jobin, denied yesterday a ...

Dollar Falls to a Three-Year Low in Brazil

Brazil’s currency, the real, surged to a three-year high against the US dollar after ...

Furniture Makers from Brazilian Amazon Can’t Avoid Ecological Concern Anymore

Brazilian furniture producers from the Rolim de Moura Furniture Producer Association, in Rondônia, in ...

While Varig Draws Last Breath Brazil Readies Five Planes to Bring 28,000 Home

A bankruptcy judge annulled Friday, June 23, the sale of Brazil flag carrier Varig ...

Alas, in Brazil, the Greener Times Seem to Be in the Past

Contradiction festers in Rio de Janeiro as international fervor surrounding June’s lackluster Rio +20 ...

Americans in Brazil, Come November You Have the Right to Vote!

While the US general elections only happen on November 7, it’s time for the ...

It’s 13.75%: For Fourth Time in a Row Brazil Raises Key Interest Rate

Brazil's Copom (Monetary Policy Committee) of the Brazilian Central Bank (BC) raised Brazil's base ...