Last Updated: Friday, 27 July 2007
Brazil claims WTO cotton victory http://news.bbc.co.uk/2/hi/business/6920189.stm
[The US is the world's second-largest producer of cotton]
Brazil has claimed a victory over the US after the World Trade Organization (WTO) upheld many of its complaints over subsidies paid to cotton farmers.
The US has been accused of unfairly helping its farmers, distorting the price of cotton and make it harder for developing nations to compete. http://news.bbc.co.uk/2/hi/business/6920189.stm