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Brazil Government Officials Balk on First Day of Doha

July 22nd, 2008 · No Comments · Brazil Trade

Brazilian government officials balked at the idea of cutting tariffs on agricultural imports on day one of the World Trade Organization’s (WTO) Doha round of talks according to the Telegraph.

The proposed agricultural import tariff cut was 60 percent and was dismissed by Brazil government officials as propaganda by the EU while EU officials consider the offer considerable.

The crux of the conflict over tariffs on agricultural imports is that developing nations believe tariffs and subsidies are keeping farmers in poverty and undermine free trade.

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