MEDIA REACTION: GLOBAL ECONOMY: DOHA ROUND AND

UNCLAS SAO PAULO 000378 SIPDIS STATE INR/R/MR; IIP/R/MR; WHA/PD DEPT PASS USTR USDOC 4322/MAC/OLAC/JAFEE E.O. 12958: N/A TAGS: KMDR OPRC OIIP ETRD BR SUBJECT: MEDIA REACTION: GLOBAL ECONOMY: DOHA ROUND AND GLOBALIZATION Doha and Globalization Editorial in center-right O Estado de S. Paulo (07/16) says: "The governments will give an ominous sign all over the world if Doha Round trade negotiations are hindered in a new impasse, adverted WTO director general Pascal Lamy...The globalization will not stop. The process will continue, moved by factors such as technological innovation, political changes and business practices in evolution. Probably the result will be better if the trade integration follows in an orderly way... Emerging economies, Brazil included, are on the list of major beneficiaries of the international economic integration. The Brazilian government knows that and bet many cards on the success of the multilateral negotiation. The new cards put on the table...are more acceptable than the previous ones in several aspects. But they still have traps, such as the possibility of increasing the list of agricultural products "sensitive" and subject to protectionism. Brazilian negotiators must dedicate good part of their efforts to try to eliminate these traps. If they succeed there will be good possibilities of an agreement on agricultural and industrial market access. WTO technicians showed uneasiness before the international crisis capable of noticeably reducing the trade growth. Another good reason, according to them, to conclude the Doha Round and create grounds for a new phase of global prosperity." Story