The U.S. secretary of state American, Hillary Clinton, said on Wednesday that the government of the United States next week start negotiations for an agreement with Brazil to prevent Brazilian retaliation because of subsidies given to cotton producers in your country .
It is the first time that Americans are willing to provide compensation to Brazil. The foreign minister, Celso Amorim, said that there will be a month to end the impasse.
The agreement on compensation involves about $ 830 million. The matter was discussed at the meeting with Hillary Amorim this afternoon, the Foreign Ministry. According to the secretary, the effort is to bring the negotiations lead to a happy ending, as in a film known.
- I have the impression that I got in a movie that was going for a long time. Brazil will make the list of products [Americans will retaliate] -, the secretary said, referring to the release scheduled for next Monday.
Then, Hillary said:
- This will be discussed as the compensation offer. We have time to try to resolve this peacefully and productively. It is both the trade that exists between our countries I hope we can resolve this issue.
Amorim also said he doubted that the United States want to impose a kind of contrarretaliação Brazilian products as a result of the decision to retaliate against U.S. goods.
- I can not believe that the United States will promote [a contrarretaliação]. This scared I will not die - said the minister.
According to Amorim, after the publication of the list, there will be another month to negotiate with the United States.
- The list will be published next week and there will be 30 days [of time to negotiate]. Then there will be time, based on what was allowed within the law - he said.
The end of 2009, the World Trade Organization (WTO) authorized Brazil to retaliate against the United States up to $ 830 million. The decision was prompted by government subsidies to American cotton farmers. The process extends for eight years. The drug industry is one of the main targets.
Source: www.noticiasagricolas.com.br
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