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US Cotton Will Communicate For The Multi Field Plan Of The US Cotton Industry.

2009/4/7 0:00:00 20

The American cotton industry once again assured cotton producers in Western Dezhou that they are communicating with members of Congress. The new agricultural law does not need to be reopened for budget savings.

John Maguire, senior vice president of the NCC, a senior vice president of the National Cotton Council, submitted a report at the annual meeting of the cotton growers' Association in the plains. He reminded the participants in the report that the national cotton committee is actively reassessing the US Department of agriculture, which should enforce the law impartially and act according to the intentions of the US Congress.

  马圭尔说,NCC 已就即将到来的财政预算案辩论做出积极准备,他们将传达反对削减农业计划的意见,包括总统奥巴马预算提案中的削减建议,以及任何重新开放2008年农业法的努力。此外,马奎尔提醒与会者说,由于巴西-美国在世界贸易组织( WTO )争端的仲裁将见分晓, 因此,棉花计划将得到更多关注。

At the beginning of March 2009, representatives of the United States and Brazil government attended the WTO arbitration panel meeting to debate the scale of counter-measures proposed by Brazil. It was said that the United States did not comply with the previous ruling of the WTO dispute settlement panel.

The panel should provide its findings in 4 to 6 weeks.

Maguire said that in the US cotton industry, Brazil's claims for losses were exaggerated when WTO accused the US export credit guarantee (GSM) program and certain US cotton plans.

Brazil claims that because GSM is a prohibited subsidy project, Brazil claims compensation of US $1 billion 300 million; because of a prohibition of subsidies, Brazil claims a one-time compensation of US $350 million; the marketing loan and anti cyclical plan of the upland cotton cause serious damage to Brazil, and Brazil loses 1 billion US dollars.

The claim disregards the fact that the US abolished the Step-2 plan almost three years ago and that the export credit scheme has been changed or stopped.

In addition, in view of the reality of the world fiber market and the recent decline in cotton production in the United States, it is unreasonable for Brazil to claim damages against the US cotton program.

  马圭尔指出,在这个令人沮丧的案例中,世贸组织的分析是建立在1999-2005年期间的资料之上的。“不幸的是,目前争端审议并未充分认识自2005年以来世界的变化,美国棉花市场和棉花计划的变化。“ 他说:“最新的数据将是极其重要的,它显示美国尽量遵守争端小组的要求,证明美国对巴西争端小组的调查结果做出了回应。”

Maguire explained that the scale of potential losses is very important for determining the scope and type of counter-measures permitted in Brazil.

He also pointed out that any retaliation in Brazil may not be confined to agriculture.

 

Editor in chief: Xu Qiyun

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