Tag: trade barrierstrade barriers
Brazil and Argentina are trying to address their economic and trade differences so that they can reach a long-standing, long term solution, said Marco Aurelio García, the Brazilian Executive advisor on foreign issues and trouble shooter for this kind of conflicts.
For the second time in the roll a study from World Bank’s Global Trade Alert points Argentina as the world’s most protectionist country. In a report released by the institution, Argentina appears as the country which applies the most restrictions to control foreign trade for the second time in a roll.
Argentina announced it has formally reported the United States and Japan before the World Trade Organization for the constant barriers set to Argentina’s meat and lemon exports to the afore mentioned countries.
Mexico has withdrawn a zero-tariff agreement with Argentina on autos in a tit-for-tat trade dispute after the Argentine government's decision to pull out of an auto trade pact between the two countries.
Brazilian businessman Rubens Barbosa, head of the foreign trade council of the Sao Paolo Federation of businessmen said on Sunday that in the last six months, the Argentine presidency of the bloc implemented measures that practically killed the Mercosur.
“Argentina will be responsible for the end of Mercosur,” he predicted.
Argentina is considering applying measures to restrict the import of Mexican cars, which could include unilaterally denouncing the Economic Complementation Agreement (ACE) 55, which regulates bilateral trade, Argentine government sources told local media, ámbito.com.
Argentina received a barrage of criticism at the World Trade Organization on Friday where the United States, European Union, Japan and 10 other countries accused it of tying imports up in red tape. They also requested Argentina provide a detailed written explanation of why in its view “these measures and practices are consistent with WTO rules”.
Argentina does not ban the import of books, the latest measures have been implemented to safeguard human health since handling books could entail dangers originated in the lead content of the inks with which they are published.
The Argentine Ambassador to the US, Jorge Argüello, assured on Wednesday that despite reactions to trade barriers put up this week by the US to Argentina, there was “nothing to worry about” regarding the relationship between the countries.
Argentina is having serious trade problems and Brazil “in a mature way” must try and help solve them said a top official from President Dilma Rousseff administration, who anticipated he would be travelling to Buenos Aires in coming weeks.