good one

On Wed, 28 Apr 2004 11:45:35 +0000, you wrote:

>Those Illegal Farm Subsidies
>
>Published: April 28, 2004
>
>http://www.nytimes.com/2004/04/28/opinion/28WED1.html?th
> 
>America's lavish handouts to its farmers harvest poverty throughout the 
>developing world. And they are illegal as well. That's the conclusion of a 
>World Trade Organization panel that heard Brazil's challenge to the cotton 
>subsidies that belie this nation's commitment to free and fair trade.
>
>Cotton is far from the only crop that American farmers are able to dump on the 
>international market at low prices thanks to federal subsidies. But it is one 
>of the most outrageous cases. Brazil was wise in choosing it as the first 
>target in the developing world's challenge of the roughly $1 billion a day in 
>subsidies that rich nations dole out to their farmers. If the preliminary 
>ruling stands, as expected, it may mean the beginning of the end for European 
>and American practices that provide their farmers an unfair advantage.
>
>In addition to Brazil, an agricultural superpower, some of the world's poorest 
>nations, including the West African republics of Mali, Benin and Burkina Faso, 
>are vindicated by the W.T.O.'s decision. Cotton is West Africa's cash crop, 
>the one economic activity in which the region has a competitive advantage. By 
>underwriting much of the costs of America's 25,000 cotton farmers with checks 
>that can total $3 billion a year, Washington erases that advantage. Aided by 
>American experts who are critics of this warped system, Brazil convincingly 
>argued that in the absence of subsidies, the United States would have produced 
>and exported substantially less cotton than it did in recent years. 
>Consequently, growers elsewhere would have enjoyed greater market share and 
>higher prices.
>
>The glaring contradiction between American farm subsidies and the principles 
>underlying the global trade system has long posed a moral and political 
>problem for Washington. Now it is also a legal problem. Instead of digging in 
>its heels and spending years appealing the panel's ruling, the Bush 
>administration needs to seize upon it as a reason to negotiate the surrender 
>of rich nations' trade-distorting farm subsidies.
>
>The administration has a mixed record on this issue. It offered proposals to 
>start weaning corporate farmers off their subsidies two years ago ÷ admittedly 
>after approving a farm bill that exacerbated the problem. Then it backed away 
>in the face of strong opposition from Congress and the European Union. That 
>retreat not only hurt the poor nations' farmers, but also American taxpayers, 
>consumers and most business interests, including more competitive farmers. 
>
>The W.T.O.'s talks on the further liberalization of trade faltered over the 
>subsidy issue at Cancœn last year, but this week's ruling will vastly 
>strengthen the position of Brazil and others advocating the dismantling of 
>agricultural subsidies that distort trade. The sooner they prevail, the 
>better. 
>
>
>
>
>
>
>Biofuel at Journey to Forever:
>http://journeytoforever.org/biofuel.html
>
>Biofuels list archives:
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