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Colombia protests before WTO Argentina’s trade restrictions

Wednesday, April 18th 2012 - 22:44 UTC
Full article 11 comments
Sergio Diaz-Granados, what we are asking is for reciprocity 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.

Colombia is among several of Argentina's trading partners who have threatened legal action following efforts by Argentine President Cristina Fernández' administration to curb imports and improve a deteriorating trade surplus.

The move came amid controversy over Argentina's decision this week to expropriate YPF, the country's largest oil company, which is owned by the Spanish company Repsol.

Colombia's trade minister, Sergio Diaz-Granados, said that Argentina was adopting requirements that would create obstacles for his country's exports.

“We voiced our protest through our ambassador in Geneva 18 days ago, as other countries have done, signalling that Argentina's measures affect free trade and contravene the fundamental principles of the World Trade Organization,” Diaz-Granados said.

“What Colombia is asking for is reciprocity, just as Colombians buy Argentine goods, so too should Argentines buy Colombian goods,” he said.

Diaz-Granados added that the restrictions, which have been in place for several months, have particularly affected the furniture industry and chemical and paper products.
 

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  • briton

    We may laugh at her plasticity,
    But her beauty seems to have much influence over some weaker men,

    Amazing to what extent, some men will go, for their fantasy .

    .

    Apr 18th, 2012 - 11:13 pm 0
  • KFC de Pollo

    +1 to the friend basket cfk! well done

    Apr 18th, 2012 - 11:35 pm 0
  • British_Kirchnerist

    #1 Don't know what this has to do with the article, but I'm glad you at last acknowledge the beauty and desirability of my radiant Queen =)

    Back on topic, what right wing bastards the Columbian government are?! Of course Uribe was the worst and Santos has been a marked improvement esp in foreign affairs, but this latest act, given its timing, is really one of a vulture. Fortunately as they join the US/European backlash against the nationalisation , they don't seem to have noticed that there is no such backlash in their own region

    Apr 18th, 2012 - 11:49 pm 0
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