Financial Times FT.com

Brazil claims WTO cotton victory

By John Rumsey in São Paulo, Frances Williams in Geneva and Eoin Callan in Washington

Published: July 27 2007 23:19 | Last updated: July 27 2007 23:19

Brazil on Friday claimed victory in its latest assault on US cotton subsidies at the World Trade Organisation, underscoring warnings by the Bush administration that the subsidy-laden farm bill under consideration by Congress risks triggering a wave of trade disputes.

Brazil said a confidential interim ruling by a WTO panel had gone in its favour.

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