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Brazil Sees WTO Ethanol Case Against US Soon
By Mr Ethanol | September 2, 2008
Reuters:
Brazil, the world’s largest ethanol exporter, may soon challenge the United States at the World Trade Organization over its tariffs on imports of the fuel, Foreign Minister Celso Amorim said on Tuesday.
“My reading is that we have a very strong case and so there is a good chance we will challenge,” Amorim told reporters in Rio de Janeiro.
Exporters see the import tariff of 54 cents per gallon as an obstacle to shipments of sugar-cane-based ethanol to the United States, which has been developing its own ethanol market based on corn.
Brazil’s Sugar Cane Industry Association hired lawyers to study the compatibility between the U.S. tariff and WTO rules. The collapse of the Doha Round of world trade talks in July made litigation against the United States more likely.
Amorim said the case could be presented in the next one or two months, depending on final consultations with producers and the government’s lawyers.
The U.S. ethanol produced from maize is far more expensive than Brazil’s ethanol derived from sugar cane.
Topics: Brazil, Ethanol, News |
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