Brazil is readying its challenge of US ethanol tariffs at the Wolrd Trade Organization. The 54-cent tariff is said by the Brazilians to be an illegal tariff under WTO rules. Unica has been working with US-based lawyers on a study of WTO regulations, and Brazilian foreign minister Foreign Minister Celso Amorim told Reuters that “My reading is that we have a very strong case and so there is a good chance we will challenge.” Brazil is also challenging US cotton subsidies.
Entry Information
Related Stories
Eight developing nations threaten WTO action against EU over biofuels policyAmbassadors from eight nations in South America, Africa and Asia have signed a letter threatening a World Trade Organization complaint against the European Union for barriers against the importation o...
Louis Dreyfus subsidiary to launch new sugar cane ethanol project in BrazilIn Brazil, LDC Bioenergia, a subsidiary of Louis Dreyfus, said it will open a 4.5 million tonne sugar mill in Mato Grosso do Sul, and will also produce ethanol at the plant. The new project will be ...
Petrobras energy development head blames US, EU for massive ethanol export gap; says Lula’s efforts to lower trade barriers failedIn Brazil, the head of energy development for Petrobras blamed EU and US tariffs for a massive shortfall in planned ethanol exports, and said that the effort by Brazilian President Luiz Inácio Lula...
Bunge to invest $639 million in three Brazilian ethanol plants: reportIn Brazil, it has been reported in Valor Economico that Bunge will invest $639 million in three sugar ethanol plants in Tocantins state, in the north of Brazil. The new plants, the first of which will...
European Biodiesel Board to lodge European Commission complaint against US B99 exportsAt the 2007 General Assembly of the European Biodiesel Board, the members unanimously agreed to initiate legal action against B99 exports from the United States.
This action will take the form of a...
Brazil blasts US and Europe for “biased and protective agenda” on biofuelsBrazil accused the United States and Europe of having a "biased and protectionist agenda" at the World Trade Organization. Brazil was criticizing a proposed compromise on commercial rules which it sai...
