Brazil - Brazzil Mag - Brazil's Lula in Africa for UN Conference on Trade and Development
Advertisement
  Friday, 27 November 2009 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 145 guests online
Latest News
Statistics
Members: 494
News: 11474
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Most Read
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 
The Latest from Brazzil Magazine
Home
Brazil's Lula in Africa for UN Conference on Trade and Development PDF Print E-mail
Written by Alexandre Rocha   
Monday, 21 April 2008

Brazilian president Lula at Unctad With the presence of Brazilian President, Luiz Inácio Lula da Silva, the 12th United Nations Conference on Trade and Development (Unctad 12) has started this Sunday, April 20, in Accra, capital of Ghana, in Africa. Leaders of the 193 member states at the organization will have a series of hot subjects to discuss until the 25th.

This is so because the event takes place at a moment in which the world is suffering the effects of the United States financial crisis and the high price of commodities are resulting, on the one hand, in greater revenues for producer nations, and on the other hand, on rising inflation of food prices and other products around the world, which affects especially the more impoverished populations.

These two issues are going to be at the center of discussions, whose theme should be "Facing the opportunities and challenges posed to development by globalization." The meeting should count on the presence of heads of state and government, ministers, diplomats, representatives of the private sector and of non-government organisations, specialists and artists.

Brazil plays a key role in the major subject matters of the conference, such as the impact of the financial crisis on global economy, due to the fact that so far, it has managed to remain almost unaffected by the disturbances that started in the United States; the price of commodities, as Brazil is a large producer of agricultural products and ores; and South-South cooperation, because the Brazilian government has been encouraging trade and partnerships among developing countries.

Brazil is also a large producer of biofuels, a segment that has been singled out as guilty for the rising food prices. The government of the country, however, sustains both domestically and abroad that the Brazilian model, based on sugarcane culture, does not exert any impact on food production, as it does not make use of food as raw material, and does not occupy lands used by other cultures.

In the assessment of Brazil, the villains in this story are the subsidies granted by the governments of the United States and Europe to its farmers, and which end up taking away the competitiveness of farmers in poorer countries.

According to the Unctad, between January 2002 and January 2008, the prices of mineral and metal commodities rose 285%, and oil reached US$ 110 per barrel; and those of agricultural commodities grew 133%.

The organization rates this phenomenon as a mixed blessing because if, on the one hand, developing countries that export these products are now posting large increases in revenues, on the other hand, inflation in food prices has led to food insecurity, especially in the more impoverished nations. This problem became clear with the eruption of popular demonstrations against high food prices in several countries.

Furthermore, says the Unctad, profit from exports of commodities often do not reach the more impoverished populations in the producer countries, because a large share of them ends up in the hands of multinational companies or of other links in the production chain, such as the processing industry.

According to the organization, in the case of certain crops, the share of profit by small farmers was reduced, even though the price of the goods they produce increased.

"If the higher global income in the current situation, which is very positive, is not reaching the many poor people in the world, what can be done?", the organization asks. A roundtable of ministers is going to try and answer this question on the 23rd, under the theme "The changing face of commodities in the 21st century."

With regard to the financial market, the Unctad claims that, given the threat of recession in the United States and of a weaker economic performance in Europe, the perspective of progress for the world economy depends on the ability of developing to maintain their high growth rates. Therefore, the center of attentions should be economic dynamism in nations such as China, Brazil, India and South Africa.

Furthermore, the organization warns that the problems that arose from the United States mortgage crisis make it clear that there is a pressing need for greater coordination of macroeconomic policies among leading countries, and of better rules to be applied to the international financial market.

"There is a clear incoherence between the international trade system, which is regulated by a set of rules, and the international monetary and financial system, which is not (regulated)," according to a press release by the Unctad.

Although the impact of the crisis on the financial sector of developing countries was limited so far, proving that the institutions in those nations were less exposed to risky transactions, the worsening of the international turbulence may result in decreased demand for exports from these countries, greater aversion to risk, and therefore a rise in the cost of foreign capital, as well as in greater volatility in the commodities market.

The Unctad calls attention to the fact that the United States alone answer to 15% of global trade, and that 50% of the country's total imports come from developing nations. The organization alerts that the stagnation of the United States economy, if not at least partly compensated by stimulating consumption in Western Europe and in Japan, might result in a reduction of 2% to 2.5% in the growth rate of developing economies.

Regarding the issue of South-South trade, the organization informs that trade flow has tripled from 1996 to 2006, to reach US$ 2 trillion, but only answers to 17% of global trade. For the Unctad, incentive to regional and international integration, which will be another theme of the conference, reduces the dependence of developing nations on a small number of markets, increases the level of industrialization, which results in higher profit and employment rates, and encourages the creation and the growth of small- and medium-sized companies.

Africa will receive special attention in this edition. There will be a discussion about the necessary measures for the nations in the continent to benefit more from globalization, and about what the international community can do to that extent. The panel "Trade and development for the prosperity of Africa: action and direction" is going to be presided by the secretary general at the UN, Ban Ki-moon, and mediated by the secretary general at the Unctad, Supachai Panitchpakdi.

The Unctad is essentially a meeting of ministers, diplomats and technicians, but in addition to Lula, other heads of state are going to be present, such as the host, the president of Ghana, John Kofi Agyekum Kufuor, the president of Finland, Tarja Halonen, and the president of Turkey, Abdullah Gül.

Anba - www.anba.com.br

Hits: 4675
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >
Brazzil Magazine on Twitter


Visit Brazzil Social with Video, Music and Chat


Home
Brazzil Magazine - Since 1989 trying to understand Brazil
  • Poor Women from Northeast Brazil Learn Joy of Meeting and Helping Each Other


    Joined hands The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area.

  • Ahmadinejad's Visit: Iran, Honduras and Brazil's Hypocrisy in Dealing With Them


    Ahmadinejad and Lula The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy.

  • Lula Is About to Fulfill His Wish of Getting His Good Friend Chavez in Mercosur


    Lula and Chavez On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil.

  • Denying Education is the Other AIDS. And Brazil Is Guilty of Inflicting It


    Children from a Diadema band Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.

  • Child Labor Went Down in Brazil, But 5 Million Underage Workers Are Still Way Too Many


    Child labor in Brazil One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis.

  • Some Humility Would Do Lula Good. On Human Rights Brazil Has Long Way to Go


    A prison in Rio de Janeiro, Brazil On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking.

  • Brazil's Amazon Rainforest Policy Is a One-Way Road to Disaster


    Trasamazonian road in BrazilDepletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.

  • Geisy, Brazil's Miniskirt Student, Should Try US College Next Year


    Geisy Arruda from BrazilGeisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.

  • Vigilante Groups in Brazil Trump Drug Gangs and Become Rio's New Authority


    Brazilian favela in Rio The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj).

  • Brazil Police Use Press Coverage as Green Light to Kill and Invade Houses in Rio


    Rio police in a favela A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17.  Three policemen died and another two were injured.  This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.