Brazil hails WTO cotton ruling

Published
0

BRASILIA, July 28: Brazil welcomed on Friday a preliminary WTO report on US subsidies to its cotton growers, saying it upheld their complaint that Washington was not abiding by trade rules.

It also threatened to retaliate if the full WTO report, which is due out in October, found the United States had failed to fulfil an earlier order to remove the subsidies.

“Brazil is greatly satisfied by the conclusions made in this report,” said Roberto Azevedo, the foreign ministry's deputy secretary for economic affairs.

“We are very satisfied that it takes into consideration Brazil’s concern that measures taken by the United States to address the issue are not enough.”

Brazil believes its cotton producers are being harmed by US subsidies to its own cotton

farmers.—AFP

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...