United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee, introduced a bill Tuesday to extend US trade benefits to Uruguay. The move he says would increase pressure on Brazil to deepen commercial ties. Read full article
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Disclaimer & comment rulesIf the U.S. wants to unilaterally open up its market to duty-free entry of certain (but not all) Paraguayan and Uruguayan exports and not get anything in return, as would be the case if both countries are included in ATPDEA as Lugar proposes, more power to them! However, Lugar is in Republican La La Land if he believes this will push Brazil to do anything. Until the U.S. agrees to get rid of its wasteful agricultural subsidy programs or counterproductive anti-dumping laws, there is no incentive for Brazil to negotiate with the U.S. on trade.
Sep 16th, 2009 - 08:46 pm - Link - Report abuse 0Commenting for this story is now closed.
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