Brazil’s Lula Close to Doha Round Agreement with “Good Friend” Bush

American and Brazilian presidents George W. Bush and Luiz Inácio Lula da Silva Brazil and United States will attempt to advance the Doha global trade talks during US president George Bush's official two day visit to Brazil which begins today, March 8. Brazilian President Luiz Inácio Lula da Silva said he was looking forward to "in depth" negotiations with his "good friend" Bush and also expects the "necessary concessions" to ensure the Doha round is successful.

"We're close to an agreement", announced Lula da Silva. Brazil and India lead the so called G20 group of emerging countries that are demanding rich countries slush farm subsidies and lesser tariffs to ensure better access to markets.

Lula said that developing countries are willing to contribute their share of the deal by making tariffs and regulations for industrial produce and services more flexible as demanded by United States and the European Union.

"So, we are asking the United States to stop the subsidies it gives today," Lula said.

Lula called on Europe to open to products from the developing world and insisted the G20 group of developing nations needed to be flexible on industrial products and services

In an interview with several Latinamerican newspapers, President Bush admitted his trip could tip the balance in favor of an agreement in the Doha global trade round.

He described global trade negotiations as "very important," but warned that it must not be taken for granted that "United States is after trade agreements".

"In fact there's a strong protectionist feeling in United States. I strongly resist those temptations," said Bush whose administration lost control of Congress to the opposition Democrats.

According to Brazilian diplomatic sources US Trade Representative Susan Schwab, traveling with President Bush, will be meeting Saturday in São Paulo with Brazil's Foreign Affairs minister and chief global trade negotiator Celso Amorim.

The all-powerful São Paulo Federation of Industries, which advises the government on trade negotiations, confirmed that Ms Schwab will be meeting Friday with several members of the organization's board.

According to the São Paulo finance daily Valor, US and Brazilian businessmen are negotiating a list of industrial sectors from which they will recommend both governments the reduction or elimination of customs duties and tariffs in the framework of World Trade Organization negotiations.

US and Brazilian manufacturers are scheduled to meet next April in São Paulo to try and reach an agreement.

As leader of the G20, Brazil has had a key role in fighting for freer farm trade within the current negotiating round of the World Trade Organization.

Mercopress

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  • Show Comments (3)

  • conceicao

    These kind of deal is long over due and Brasil’s playing a central role in any kind of real progress would underscore
    its new-found international status as an economic player.

  • ch.c.

    Ohhhh…and by the way….
    ….. whose doors are actually the most open, EU or Brazilians ????
    Brazilians ? Then why do you have a huge trade….SURPLUS….with the EU ?
    Due to your closed doors and 100 % import tax of foreign cars…..!!!

    Millions of jobs have been created…in Brazil, with EU money, EU technology. And curiously just in cars, your workers are within the best paid
    in Brazil. Far above your farm and slaves workers.

  • ch.c.

    Lula called on Europe to open to products from the developing world !!!!!!!
    Which products ? Agriculture ?
    Ohhhhhh yessssss…of course, but then we should close ALL EU car manufacturing plants in Brazil, set them back in the EU, and you will open the doors to ours cars !

    Deal done ?

    You then could be free to build your own cars, with your own money and own technology !

    Finally we will not let to go down our 7 millions farmers….anyway, just to please YOUUUUUU !!!!!

    Laugh….laugh….laugh….!!!!!!

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