Brazil Agree on Framework Regarding WTO Cotton Dispute

June 18, 2010 at 1:21 pm Leave a comment

Brazil’s Ministers reached a decision in support of a Framework regarding the Cotton dispute, which would avert the imposition of countermeasures of more than $800 million this year. This includes more than $560 million in countermeasures against U.S. exports which were scheduled to go into effect on Monday, June 21, 2010, as well as possible countermeasures on intellectual property rights that could have taken effect later. We are pleased with this decision, and look forward to signing the Framework soon.

The findings in the Cotton dispute conce…

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Source Link : Fibashion.com

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