Doha Debacle Sparks Talk Of Suit Against U.S.

Law360, New York (August 4, 2008, 12:00 AM EDT) -- In the wake of the Doha talks at the World Trade Organization falling apart last week, Brazil has reportedly voiced its intention to sue the United States over what it believes are illegal subsidies and other trade barriers.

Brazil would seek legal action against the United States, The Financial Times reported Monday, pointing to an interview with the country's foreign minister.

"Our understanding with the U.S. was good throughout and it never came to acrimony,” Celso Anorim told the London-based newspaper. “But they are the biggest...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.