Wednesday, October 01, 2014
Special Coverage: U.S.-Brazil Cotton Deal

U.S., Brazil Unveil Deal To Settle WTO Cotton Case; Includes $300 Million Payment

Updated: The United States and Brazil on Wednesday morning (Oct. 1) announced a deal to settle their longstanding bilateral cotton dispute, according to which the U.S. will make a one-time payment of $300 million to a Brazilian cotton industry institute and set new limits on its GSM 102 export credit program by imposing higher fees and shorter repayment terms.

U.S.-Brazil Memorandum Of Understanding To Resolve Cotton Dispute

Reactions: USTR | Brazilian Ministry Of External Relations | National Cotton Council | Brazilian Cotton Producers Association | American Farm Bureau Federation | U.S. Chamber Of Commerce
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