The threat to retaliate against Brazil in the United States because of subsidies given to U.S. producers of cotton can be closed with a formal agreement for the development of research. The goal is for Americans to transfer resources and technology research for the cotton industry. The negotiations, according to information from experts to the Agency Brazil, advancing every day, but should only be completed in a month.
The deal involves about $ 830 million. At the end of last year, the World Trade Organization (WTO) authorized Brazil to retaliate against the United States at that value. The decision was caused by subsidies deemed illegal by the U.S. government to producers of cotton.
Eight years ago, the process is negotiated. According to Brazilian specialists, one of the sectors that may be affected is the drug, because the retaliation involves the creation of temporary barriers to imports. The list with the list of products that may be targets of the Brazilian response will be announced next Monday (8 / 3) by the Ministry of Development, Industry and Commerce.
The matter was discussed at the meeting of the Secretary of State Condoleezza, Hillary Clinton, and the foreign minister, Celso Amorim, (3 / 3), in Brasília. Clinton said he had the impression that the discussion was part of the plot of a film is known to all.
This will be discussed as the compensation offer. We have time to try to resolve this peacefully and productively. It's big trade between our countries and hope we can resolve this issue, the secretary said, signaling that there will be efforts by Americans to avoid retaliation.
According to Amorim, there is no real possibility of the U.S. government to impose a kind of contrarretaliação to Brazilian products due to the decision to retaliate against the goods of the United States - as suggested Ambassador of Brazil in the United States of America, Thomas Shannon, in his first news conference.
I can not believe that the United States will promote [a contrarretaliação]. This scared I will not die, "said Amorim, to be interviewed next to Hillary in the last 3 days. 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.
Source: www.noticiasagricolas.com.br
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