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Article: Cotton hits the fan: will other crops be next if WTO case stands? Brazil's WTO case against U.S. cotton policy is one shot across the bow. Pressures are increasing to reduce subsidies.(World Trade Organization)
- Article from:
- Top Producer
- Article date:
- September 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Farm Journal Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rarely do trade matters stir up a tempest with the intensity of the controversy swirling around Brazil's World Trade Organization (WTO) dispute over U.S. cotton. The June 18 ruling "will attack the multi-billion-dollar corporate welfare at the heart of global trade, declares Phil Bloomer, head of the "Make Trade Fair" campaign run by Oxfam, a United Kingdom-based organization that seeks lasting solutions to poverty. "It's a wake-up call for all rich countries to change the way they've mismanaged and manipulated world trade rules for years in their own interests."
Certainly U.S. growers and policy makers do not agree with Bloomer's view or even with the WTO's ...
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Article: COTTON PROGRAM NEEDS REFORM, GAO SAYS.(BUSINESS)
Albany Times Union (Albany, NY);
July 30, 1995 ;
700+ words
... ... fiber, a congressional watchdog agency says. ``The cotton program has evolved over the past 60 years into a costly, complex ... loans and Step 2 payments. When created in the 1930s, the cotton program was supposed to help family farmers survive the Great Depression ...
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