Serra is even fighting with the WTO, which is presided over by a Brazilian.
After dismissing the OECD report as "nonsense" at the organization's headquarters on Wednesday, acting Foreign Minister José Serra questioned the credibility of the WTO (World Trade Organization), which is chaired by Brazilian Roberto Azevêdo, on Thursday. According to the minister, the institution failed to dismantle subsidies and sanitary and phytosanitary barriers, and by betting on the Doha Round. Serra stated that "the experience of the last 10 years has not proven rewarding" for Brazil, which is now "ready to take new paths." This statement signals that the country, under the leadership of interim president Michel Temer, may withdraw from the organization.
247 - The short tenure of interim Foreign Minister José Serra (PSDB) continues to cause controversy. This Thursday, the 2nd, at a ministerial meeting held in Paris by the WTO (World Trade Organization), the minister questioned the credibility of the organization and criticized decisions taken by the organization in recent years, which he claimed had not benefited Brazil.
The WTO has been chaired by Brazilian Roberto Azevêdo since 2013. According to Serra, the institution failed to dismantle subsidies and sanitary and phytosanitary barriers, and to rely on the Doha Round. "The experience of the last 10 years has not proven rewarding" for Brazil, he stated.
"The ban on export subsidies for agricultural products prevented the complete loss of credibility of the WTO's negotiating pillar. However, the WTO's ability to remain a meaningful negotiating forum is still in question," he stated.
The interim minister also indicated that the country, under the leadership of interim president Michel Temer, may withdraw from the organization. Brazil is "ready to take new paths," the politician stated.
On Wednesday, Serra dismissed as "nonsense" and "speculation" the report presented by the OECD (Organisation for Economic Co-operation and Development) at the organization's headquarters in Paris, which represents more than 30 countries.
"The OECD isn't stating anything definitively. They're speculating. That's nonsense. They're speculating with the limited information they have," he reacted, regarding the document that predicted a severe recession for Brazil due to political instability.