VZCZCXYZ0020
OO RUEHWEB
DE RUEHSO #0378 1981054
ZNR UUUUU ZZH
O 161054Z JUL 08
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 8391
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 9528
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 8786
RUCPDOC/USDOC WASHDC 3132
UNCLAS SAO PAULO 000378
SIPDIS
STATE INR/R/MR; IIP/R/MR; WHA/PD
DEPT PASS USTR
USDOC 4322/MAC/OLAC/JAFEE
E.O. 12958: N/A
TAGS: KMDR OPRC OIIP ETRD BR
SUBJECT: MEDIA REACTION: GLOBAL ECONOMY: DOHA ROUND AND
GLOBALIZATION
Doha and Globalization
Editorial in center-right O Estado de S. Paulo (07/16) says: "The
governments will give an ominous sign all over the world if Doha
Round trade negotiations are hindered in a new impasse, adverted WTO
director general Pascal Lamy...The globalization will not stop. The
process will continue, moved by factors such as technological
innovation, political changes and business practices in evolution.
Probably the result will be better if the trade integration follows
in an orderly way... Emerging economies, Brazil included, are on the
list of major beneficiaries of the international economic
integration. The Brazilian government knows that and bet many cards
on the success of the multilateral negotiation. The new cards put on
the table...are more acceptable than the previous ones in several
aspects. But they still have traps, such as the possibility of
increasing the list of agricultural products "sensitive" and
subject to protectionism. Brazilian negotiators must dedicate good
part of their efforts to try to eliminate these traps. If they
succeed there will be good possibilities of an agreement on
agricultural and industrial market access. WTO technicians showed
uneasiness before the international crisis capable of noticeably
reducing the trade growth. Another good reason, according to them,
to conclude the Doha Round and create grounds for a new phase of
global prosperity."
Story