Tag: WTO

WTO
Wednesday, May 16th 2012 - 01:27 UTC

Brazilian discomfort: ends automatic import licences for Argentine perishables

Inspectors have up to 60 days to consider license applications raising the risk cargoes will rot at the border.

Brazil this week escalated a growing trade fight with Argentina by increasing the bureaucratic obstacles for importing about 10 perishable products including apples, raisins, and potatoes, a senior Brazilian government official was quoted by the media.

Sunday, May 13th 2012 - 09:10 UTC

Argentina doesn’t want to start a trade war

Bailing out General Motors and Chrysler, is it not a form of protectionism?

By Jorge Argüello (*) - What defines a protectionist country nowadays? Is it when a developing country takes precautions against a flood of products with plummeting prices due to an international crisis? Or, is it when an export powerhouse delivers large subsidies exclusively for domestic production? In a world economy like today’s can protectionism be measured solely by Customs measures or those targeting imports?

Monday, May 7th 2012 - 17:28 UTC

EU ready to cut trade benefits to Argentina because of YPF; warns the region on growing protectionism

De Gucht demands Brazil adopt a stronger position in the case of Argentina

European Trade Commissioner Karel de Gucht expressed concern Monday over what he called a “growing tendency towards protectionism across Latin America” and warned Europe is preparing retaliation measures against Argentina after YPF expropriation

Monday, April 30th 2012 - 07:12 UTC

India to complain Argentine trade restrictions, but ‘bilaterally’

Bilateral trade is not significant but there is great potential which India wants to develop

India has decided to raise its concerns over Argentina's recent import restrictions bilaterally, instead of joining the US and European Union who have taken the country to the World Trade Organization, reports the Economic Times from India.

Saturday, April 28th 2012 - 06:05 UTC

Argentine imports’ policy again accused of protectionism at a WTO committee

Guillermo Moreno the Argentine Interior Trade Secretary who implements the imports policy

Argentina was accused once more of “protectionism” at the meeting of the Imports License Committee of the World Trade Organization (WTO) in what can lead to a trade dispute with forty countries.

Wednesday, April 18th 2012 - 22:44 UTC

Colombia protests before WTO Argentina’s trade restrictions

Sergio Diaz-Granados, what we are asking is for reciprocity

Colombia has sent a letter to the World Trade Organization protesting Argentina's import restrictions on its products, the government announced Wednesday.

Tuesday, April 17th 2012 - 03:12 UTC

EC supports Spain and warns YPF expropriation can seriously damage business climate

 EU Trade spokesperson John Clancy, “a very negative signal”

The European Community strongly supported Spain and oil corporation Repsol saying that the expropriation by Argentina of YPF is “a very negative signal” for investors and could seriously damage the business climate of the country.

Wednesday, April 11th 2012 - 17:04 UTC

US and EU considering WTO actions against Argentine ‘protectionist practices’

In March US Ambassador Michael Punke and forty other countries made a joint statement on Argentina’s trade restrictions

The US and forty countries which formalized a joint statement before the World Trade Organization complaining about Argentina’s trade restrictions are considering moving a step further and begin a “disputes settlement” process which could lead to an open condemnation if the administration of President Cristina Kirchner does not lift the protectionist network.

Monday, April 2nd 2012 - 09:42 UTC

Argentina claims US and EU have the most questioned trade policies at WTO level

Only “two formal WTO complaints against Argentina” since the Kirchner couple have been in office

Argentina highlighted that the administrations of Néstor Kirchner (2003/2007) and Cristina Fernández (2007/2011) were the less reported before the World Trade Organization and warned that that the US and EU are the most questioned members of the WTO regarding their trade policies.

Sunday, April 1st 2012 - 08:02 UTC

Argentina targets Mexican car imports and considers revoking trade agreement

Giorgi: following a trade deficit of a billion dollars in 2011, “it is essential to set new guidelines”

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.

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