• Categories
  • Archives

World’s Need for Brazil’s Ethanol May Unblock WTO Trade Barrier Talks

The World Economic Forum, which started yesterday, January 24, in Davos, Switzerland, will include a parallel agenda to discuss World Trade Organization (WTO) topics.

According to the Swiss ambassador to Brazil, Rudolf Baerfuss, there will be an informal ministerial meting to try to unbar WTO negotiations.

"This informal ministerial meeting is an attempt at speeding up foreign trade negotiations, the Doha Rounds. This meeting will be headed by the Swiss minister of economy and will bring together around 30 ministers responsible for foreign trade, among them Celso Amorim (the Brazilian minister of Foreign Relations)."

The Doha Rounds are negotiations between countries within the WTO to reduce trade barriers. The Rounds began in Doha, Qatar, in 2001, and included other ministerial meetings in Cancun, Mexico, in 2003, and Hong Kong, China, in 2005. The negotiations have been jammed since July 2006, due to lack of consensus, mainly in the agricultural area.

Professor Mário Ferreira Presser, coordinator of the Economic Diplomacy course at the University of Campinas (Unicamp) believes that negotiations may progress due to the ethanol needs of developed countries. The barriers to the trade of the only fuel believed, in the short run, to be a solution to reduce climate change – ethanol -, connect Davos to Doha.

"The development of the Doha Rounds may be associated to the question of liberalization of sugar and alcohol, two items that may come together in the first half of this year. If developed countries make important concessions in sugar and alcohol, signaling to various developing countries that there will be guaranteed demand, this will certainly elevate the enthusiasm of developing countries with regard to the Doha Rounds," he evaluates.

Tags:

  • Show Comments (2)

  • anthony

    Pinga e Samba
    If the world at large would pay attention to the fine cachacas and how great the Brasilians are when they Samba,there would be no wars,and trade would be no problem,remove Lula and put in Sheila Carvalho!

  • ch.c.

    funny !
    Brazil always expects OTHERS to make concressions…but is not ready to reciprocate
    with other concessions.
    You already have a huge trade surplus but it is only because you ask more to others than you are willing to provide.yourserlves !

    You demonstrate time and time again how you are a one way country !

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

Brazil's biodiesel

Brazil’s B5 Biodiesel Test Starts Using Soy and Castor Bean

This week, Brazilian government-controlled oil company Petrobras began testing its B5 Biodiesel, a conventional ...

LETTERS

Lively Brazil By Brazzil Magazine In reference to your September 1999 issue, why do ...

Brazil Opts for “Contains” Instead of “May Contain” for Labeling Transgenic Products

Brazilian Ministry of Environment (MMA) issued a note informing that President Luiz Inácio Lula ...

Jobs in Brazil Up for 3rd Month in a Row

Industrial employment in Brazil grew 0.2% in July, the third gain in as many ...

Brazil’s Embraer Sees Itself Delivering 7,800 Jets in 20 years

During the 5th Annual Analysts and Investors Meeting, held November 18 to 19 at ...

Strong Real and High Interest Rates Harm Brazil’s Car Production

Brazilian auto output and sales slumped in October, as high interest rates and a ...

After Swift and Pilgrim, Brazil’s JBS Wants to Take Over US’s Smithfield Foods

Smithfield Foods Inc’s shares, the top U.S. pork producer, jumped as much as 8.3% ...

The Brazil-Venezuela Friendship Has a Multi-Billion Dollar Foundation

Brazil and Venezuela are united by more than camaraderie between Presidents Lula and Chavez. ...

Brazil Only Loses to Austria in Its Know-How to Attract Investment

In the Global Investment Promotion Benchmarking, disclosed by the World Bank (IBRD), earlier this ...

Brazilian Indian mother and child

Pope Called Insensitive and Arrogant for Remarks on Brazilian Indians

Brazil's National Indian Foundation (Funai),Brazilian historians and the Indians themselves challenged pope Benedict XVI's ...