Minister defends fair, open and transparent agricultural trade at WTO

Posted by Marina

Attending the morning of Monday (07) of the plenary session of World Cotton Day, at the headquarters of the World Trade Organization (WTO) in Geneva, Minister Tereza Cristina (Agriculture, Livestock and Supply) stressed the importance of the culture of the cotton for the economy and social development in Brazil.

“The GDP of Brazil's cotton production chain is about US $ 74.11 billion, considering sales of apparel products. The chain generates jobs and income for 1.2 million workers, ”said the minister. At the WTO, the minister stressed the need for measures that promote “fair, open, transparent and predictable” international trade, as intended by the World Trade Organization since its inception.

“The smooth operation of international trade, without distortion, is fundamental for the development of agricultural productive sectors, such as cotton. For this reason, Brazil has been an active member of the WTO, always seeking to strengthen the conciliating role of the organization, based on exemption and equity, ”he said.

She also underscored the commitment of the Brazilian productive sector to environmental sustainability, noting that Brazil is the world leader in the social and environmental certification of cotton, with over 80% of its certified production. The minister recalled that in 20 years, national cotton production grew by 226% and, in the 2017/18 harvest, Brazil harvested 2.2 million tons of lint, 11% of world production.

Brazil is the third largest exporter of cotton, with a share of 10% of world exports, totaling last year at US $ 15 billion. "With 20.5% growth projections confirmed over the next decade, Brazil should expand its share to 15% of the export market," said the minister.

Event

World Cotton Day is the result of a request from Cotton-4 (Benin, Burkina Faso, Chad and Mali), a group of African cotton-producing countries, to the United Nations for the establishment of World Cotton Day. The goal is to reflect on the importance of cotton as a global commodity. The minister was received by Brazil's ambassador to the WTO, Alexandre Parola.

This weekend, the minister also attended Anuga, the world's largest food and beverage fair, in Cologne, Germany, which was attended by over 100 Brazilian companies. She also met with German Federal Food and Agriculture Minister Julia Klöeckner to talk about the trade relationship between Brazil and Germany and cooperation in the bioeconomy.



Source: Datagro