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Brazil & Southern Cone - August 2008 (ISSN 1741-4431)
BRAZIL: "Betraying" partners for ethanol concessions
The latest World Trade Organisation (WTO) global trade liberalisation
talks ended in failure in late July. In the end it was not a division between
developed and developing countries that prevented an accord, but rather a
division among developing nations with regards to a proposal made by the WTO.
The Brazilian government accepted the WTO proposal after receiving an offer from
the European Union (EU) and signals from the US showing their willingness to
grant Brazil trade concessions for its ethanol. But Brazil's developing world
partners, especially Argentina, interpreted the adoption of a conciliatory tone
as a “betrayal" of their previous stance against developed
nations.
- Fernández suffers humiliating defeat
- ARGENTINA: More splits appear in Kirchnerismo
- CHILE: Bachelet on 'rebound' as economy perks up
- ECONOMIC OVERVIEW: ARGENTINA
- CHILE: Embassy bombing seen as 'isolated' and motiveless
- ECONOMIC OVERVIEW: CHILE
- PARAGUAY: Lugo makes bold foreign ministry appointment
- URUGUAY: Astori makes bid for presidency
- ECONOMIC OVERVIEW: PARAGUAY
- ECONOMIC OVERVIEW: URUGUAY
- BRAZIL: Inflation eases
- BRAZIL: "Betraying" partners for ethanol concessions
- BRAZIL: Lula tries to perform delicate balancing act
- BRAZIL: Voters threatened by Rio militias
- Golden times for Brazil's Petrobras