FarmPolicy

WTO Cotton Case- Brazil May Seek Sanctions, and Other Issues

Cotton Case

Reuters writers Jonathan Lynn and Missy Ryan reported yesterday that, “The United States lost an appeal on Monday in its long-running dispute with Brazil over U.S. subsidies for cotton farmers at the World Trade Organization (WTO).

“The ruling opens the way for Brazil to seek WTO approval for more than $1 billion a year in sanctions on U.S. imports, which it has suggested it could impose on services or by suspending U.S. intellectual property rights.

“In a 184-page ruling, the appeal body, the WTO’s top court, recommended that the WTO’s dispute settlement body should request the United States to bring its measures into line with international trade rules.”

(more…)

Posted by Keith Good • June, 3, 2008 • 4:40 am