LexisNexis(TM) Academic - DocumentFinancial Times (London, England)
April 21, 2005 Thursday
Asia Edition 1
SECTION: WORLD NEWS; Pg. 5
LENGTH: 122 words
HEADLINE: Washington under fire over cotton subsidies NEWS DIGEST
BYLINE: By FRANCES WILLIAMS
DATELINE: GENEVA
BODY:
The US yesterday came under fire in the World Trade Organisation after failing to commit itself to speedy elimination of illegal export subsidies on cotton, as required by WTO rules.
The WTO panel report adopted last month, upholding Brazil's challenge, said the subsidies should be withdrawn by July 1 this year.
Brazil yesterday refused to consult with the US on a longer timetable for implementing this aspect of the decision, opening the way for it to impose trade sanctions if the deadline were not met.
The US administration has made clear that, to win acceptance by the US Congress, changes to the cotton regime will have to be made in the context of broader WTO negotiations on agricultural subsidies. Frances Williams, Geneva
LOAD-DATE: April 20, 2005
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