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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: FiveFour who wrote (469)9/13/2005 10:24:17 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 220063
 
The price of sugar in industrialized nations is roughly ten times higher than the world price due to tariffs on imported sugar. The tariffs act as a subsidy to sugar growers in the industrialized nations.

Since sugar is not subsidized in Brazil, it makes an economical source for ethanol production.

The costs of growing sugar can in the U.S. are enormously higher. Sugar grown in the U.S. would not be an economic source of ethanol.
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To: FiveFour who wrote (469)9/13/2005 10:25:52 PM
From: elmatador  Respond to of 220063
 
Subsidies remove money from efficiente secotrs of the economy and donate them to the inefficient sectors. Agriculture is the most distorted sector of the world's economy because of that.

But there are countries that are competitive and the markest are closed to them due to the subsidies.

Sugar, chiken and cotton.

Other thing: there won;t be money for subsidies, like the EU is dosciverng right now and fighitn over it.

But we are winning in the WTO.

WTO decision is good news for Brazilian chicken

11:20

Érica Santana
Reporter Agência Brasil

Brasília – The World Trade Organization Dispute Settlement Panel has once again ruled in Brazil's favor, this time regarding a European Union tariff on chicken.cuts The decision is final and is supposed to go into effect in 30 days.

In 2002, the EU decided to alter its classification of chicken cuts with the result that Brazilian chicken imports, which had been paying a 15.4% tariff, had to pay 75%, or 1,024 euros per ton. The result was a nosedive in Brazilian chicken exports to the EU of 80%.

In May 2005, Brazil joined Thailand, another big chicken exporter, in a complaint to the WTO with the agrument that the EU tariff infringed WTO norms.

According to Roberto Carvalho de Azevedo, who deals with trade disputes at Itamaraty, the WTO decision will benefit Brazil in other farm product disputes. "This will help us with cotton and sugar exports, where we are extremely competitive," he said.

Translator: Allen Bennett