51. All of them are suspected of helping agricultural exporters qualify for more export subsidies than they deserve. 52. Argentina has been pressing Brazil to eliminate its export subsidies, which coupled with the devaluation made Brazilian products unbeatable in the region. 53. And the Europeans held out until the last moment on agricultural export subsidies. 54. Australia cried foul Monday over a U.S. decision to increase export subsidies for dairy products sent to Asia. 55. Big agricultural countries like Australia and Argentina want the EU to reduce export subsidies and increase access for their products like beef and grain. 56. Brazil eliminates export subsidies to trade bloc. 57. Brazil says it has already brought its export subsidies in line with WTO demands. 58. But defenders say it is needed to combat heavy export subsidies by foreign competitors while helping small producers and ordinary workers. 59. But that possibility no longer exists since world trade rules forbid market-distorting export subsidies. 60. But rather than export subsidies, it relies more on subsidized loans. |