The Senate extended for another year (until the end of 2011) the import tariff imposed on ethanol, of 54 cents per gallon (equivalent to 3.78 liters), and also the 45 cents per gallon ethanol mixed with gasoline. The decisions have direct impact on our producers because the focus on Brazilian ethanol produced from sugar cane and entering the U.S., a country that produces most of that corn-based fuel.
Besides the value of that benefit, our exporters also pay a fee of nine cents per gallon to sell ethanol to the U.S.. Approved by the U.S. Senate this 4th Monday (yesterday) the measures still must be voted in the House of Representatives them.
But there's more to think and Brazil as not hesitate: you must apply immediately retaliate and go to international courts, to use World Trade Organization (WTO) against the exaggeration of the U.S. trade protectionism. The WTO has even given us win the case when we use against the subsidy that Washington intended to their cotton producers.
The producers of our ethanol is already some time ago asking the Foreign Ministry to start the process of consultations at the WTO and the time is more than suitable for doing so.
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