• Categories
  • Archives

Brazil, US and Co. Intransigence Delays Doha Accord to 2008 or Later

US farm US farm

US farm According to a UN expert, the Doha Rounds, the global trade agreement that is being negotiated between Brazil, India and China and developed countries like the United States and Europe, should progress slowly, and only next year.

For Renato Baumann, director at the Economic Commission for Latin America and the Caribbean (Eclac), this is the most probable scenery for the Doha Rounds. The Eclac is connected to the United Nations (UN) and Baumann discussed the matter during the 2nd Brazilian Congress of Innovation in Industry, being held in São Paulo, Brazil.

Baumann believes that the other two possible sceneries for the negotiations, the return to talks in 2007 and the suspension of talks, are less probable. What is barring the Rounds is concessions that the negotiators are not prepared to make.

The United States and European Union are resisting eliminating agricultural subsidies and developing countries resist opening their government purchases and service sectors.

Meanwhile, Brazilian and Chinese are strengthening their ties. The Brazilian Machinery Manufacturers Association (Abimaq) established a partnership with the China Machine Tools Builder's Association (CMTB), its Chinese counterpart in the industry, based in Beijing, China.

The idea is to promote technological exchange and possible joint ventures between the Brazilian and Chinese manufacturers. Thirteen Brazilian businessmen participated in the signing of a protocol of intentions during a trip to China. The Brazilian delegation also visited the China International Machine Tool Show, held from April 9 to 15, in which Abimaq had a stand.

The protocol of intentions – signed in Portuguese, English, and Mandarin – will provide the basis for information exchange among the 130 companies linked to Abimaq, which account for a production of US$ 956 million, and the 700 companies linked to the Chinese organization, responsible for a production of US$ 7 billion.

During the fair, the Brazilian organization also promoted the International Machine Tools and Integrated Manufacturing Systems Trade Fair (Feimafe), to be held from May 21 to 25 at Anhembi, in the southeastern Brazilian city of São Paulo.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published.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

Argentina President in Brazil Looking for Inspiration and Money

The President of Argentina, Cristina Fernandez de Kirchner, traveled this Saturday, September 6 to ...

Drug Security: Brazil Gets Its Own US Pharmacopeia Branch

The standards-setting authority for all prescription and over-the-counter medicines made or sold in the ...

Brazil Has High Hopes for Mercosur-Arab Accord

The creation of a free trade agreement between the Mercosur, customs union of the ...

Brazil Wants Five New Nuclear Plants

Brazil announced the construction of seven nuclear plants by 2025 to ensure energy sufficiency ...

Brazilian president Lula meets his Ecuadorian counterpart Rafael Correa

Brazil and Ecuador Want to Do Without IMF and World Bank

Brazilian President Luiz Inácio Lula da Silva and his counterpart Rafael Correa from Ecuador ...

Female condom

Brazil Orders 4 Million Female Condoms from US

U.S.-based Female Health Company announced today that it has received an order for four ...

Port of Santos, in São Paulo, Brazil

Brazilian Trade Surplus in 2007 Grows to US$ 1.7 Billion

Brazilian exports generated US$ 2.795 billion last week, with growth of 7.21% over the ...

In Brazil Electoral Rules Are Strict, But Candidates Know How to Get Round Them

Yesterday, July 19,  was the deadline for the registration of financial committees for presidential ...

Internal Polls Show Marina Silva Rising with 27% of Votes for Brazil Presidency

Telephone surveys on the Brazil’s presidential elections conducted by the main political parties, for ...

Carcass of a burned down bus in São Paulo, Brazil

Brazil: São Paulo, Bring In the Marines and Army, Navy and Air Force!

There is only one solution for this unfinished rebellion by São Paulo’s organized crime. ...