WTO Ruled Against Brazil
Today The World Trade Organization upheld European Union and Japan’s complaint that several Brazilian programs are inconsistent with WTO Agreements.
The condemned programs include Inovar-Auto, Pec and Recap, PATDV and Programs on Information and Communications Technology.
The Brazilian Government has 90 days to withdraw the subsidies and 60 days to appeal from the decision.
Amazing Blog. Really enjoyed reading.
Thank you so much for your comment. We appreciate it!