Britain's Fair Trade Foundation Calls Europe And America To Stop Cotton Subsidies.

according to Fairtrade Foundation (Fairtrade Foundation) the new report shows that the governments of Europe and the United States Cotton grower of Subsidy protection It has caused the poorest in the world. West African cotton growers No way to make a living.

The The Great Cotton Stitch-Up report released by the fair trade foundation noted that the United States and the EU spent 32 billion dollars over the past 9 years to subsidize their cotton farmers. In this way, the price of cotton produced by cotton farmers in West Africa has been reduced, and their ability to shake off poverty and long-term dependence has been limited. It is reported that since 2001, apart from the United States and the European Union, including four other countries, including Mainland China and India, a total of US $47 billion has been paid to subsidize cotton farmers.

Known as the cotton -4 (C-4) country, its average GNP per capita is 637 US dollars, Benin, Bbu Gio Nafa Alfonso (Burkina Faso), Chad (Chad) and Marley (Mali) four countries, compared with other export products income is more dependent on cotton export earnings.

The cotton produced in these countries is cheaper than other regions, and logically, it should have the best competitive advantage for these countries under the increasing demand for cotton products worldwide. But Vince Cable, the British business secretary, declared that the price of cotton fell due to subsidies in Europe and the United States, which lost more than 250 million dollars a year.

The activities launched by the fair trade foundation are enforcing the European and American authorities' abolition of their cotton subsidy measures and speeding up the reform process of the EU Common Agricultural Policy (CAP) and the US Farm Bill that will be considered in the next two years.