Brazil: More Disputes
Expected In WTO Without
Doha Agreement
RIO DE JANEIRO -
More disputes are
expected in the World
Trade Organization (WTO)
after the Doha round
failed, Brazilian
Foreign Minister Celso
Amorim said Friday.
Brazil considered the
U.S. cotton subsidies
unfair because they
squeezed the farmers in
developing countries out
of the market, Amorim
said at a press
conference.
WTO had adopted a final
ruling of the dispute in
June, and arbitrators
should estimate an
amount of sanctions.
"Though we prefer to
settle disputes by
negotiations, Brazil is
still considering
starting another dispute
against the United
States over the trade
barriers on Brazilian
ethanol," Amorim
said."If we don't make
progress (in the WTO
negotiations), disputes
will be the only way to
resolve the problems."
WTO's Doha round was
suspended in July, after
India and the United
States failed to reach
an agreement over the
special safeguard
mechanism, a measure
designed to protect poor
farmers by allowing
countries to impose a
special tariff on
certain products in case
of import surge or price
fall. |
