Tuesday, February 22, 2011

World Trade Organization ruled in favor of the United States, Brazil orange juice dispute

 Xinhua Brasilia, Feb. 21 (Xinhua Liu Tong) for Brazil against the United States on Brazilian orange juice anti-dumping measures taken by the World Trade Organization (WTO) to the action, the WTO has made 21 successful in Brazil ruling. In this regard, the Brazilian Foreign Ministry issued a statement the same day, said he was very satisfied.

statement pointed out that the WTO made the ruling, made Brazil a major victory. Statement also hope that the U.S. will take this opportunity to completely abandon its unpopular trade disputes on the implementation of the

so-called .

Brazilian Foreign Ministry statement that the United States Department of Commerce that

the WTO dispute settlement panel issued a report, ruled that the U.S. imports of Brazilian orange juice anti-dumping measures are illegal and violate international trade rules. However, this report is not yet final, the respondent party and 60 days, may appeal the order.

Since 2008, the U.S. official on orange juice imports from Brazil anti-dumping measures, the collection of more than 60% punitive tariffs. In this regard, Brazil to the WTO in 2009, a lawsuit that the U.S. has seriously affected the Brazilian orange juice exports.

Brazil is the world's largest exporter of orange juice, orange juice exports of 20 billion U.S. dollars. The United States is Brazil's largest orange juice customers, but also the largest competitors.

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