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WTO rules against Argentina in trade dispute with world powers

Friday, August 22nd 2014 - 23:36 UTC
Full article 49 comments

The World Trade Organization (WTO) dispute panel ruled on Friday against Argentina in a 2012 case brought by the United States, European Union and Japan against Argentine import licensing rules used to restrict imports. Read full article

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  • Pete Bog

    “Argentina may appeal the panel's ruling to the WTO.”

    Or take the panel's ruling to the ICJ-but not their batty claim on the Falklands.

    Aug 22nd, 2014 - 11:50 pm - Link - Report abuse 0
  • Anglotino

    Incompetent really doesn't convey the abilities of the Argentine government.

    Aug 22nd, 2014 - 11:50 pm - Link - Report abuse 0
  • 4n conTroll

    @2

    And what would you have done to protect Argentina from unfair trading practices of the EU, USA, and Japan.

    I mean the EU complaining about protecionismo is a farce. The USA engages in massive “pre-retail protectionism”, by subsidizing their lousy farmers with 10s of billions. Japan complaining about proteccionism is the height of Pecksniffianism, they allow almost no imports and their immigration policies are appallingly racist.

    It's hard to be competent when the big powers just cheat and lie and get away with it and when you one up them, they start crying and moaning, and pay the WTO panel nice stashes of cash for a favorable ruling.

    Aug 23rd, 2014 - 12:15 am - Link - Report abuse 0
  • Brasileiro

    Wow!

    https://www.youtube.com/watch?v=cKW3iKYzVk0

    Aug 23rd, 2014 - 12:22 am - Link - Report abuse 0
  • redp0ll

    Surprise, surprise!
    To quote one of Stanley Holloways monologues, “ and down came a crow looking so surprised with a ramrod through its gizzard”
    Membership of the Scum Club is still open and all welcome.thought the originator of the post should be invited to be patron. But of course he would insist we all bow down to worship the little tin god from Mendoza and do due homage.

    Aug 23rd, 2014 - 12:34 am - Link - Report abuse 0
  • 4n conTroll

    @5

    What's happened all of the sudden that almost everyone here has really gone off the mental cliff? Some of you have become paranoid, many have gotten irascible, and most of you are suddenly writing complete aphasic nonsense.

    Aug 23rd, 2014 - 12:52 am - Link - Report abuse 0
  • chronic

    “The case was part of a tit-for-tat trade war in which the government seized control of oil firm YPF from its Spanish parent Repsol.”

    So say you. lol.

    6. Smeagol, how are you?

    Your Comment

    Aug 23rd, 2014 - 01:15 am - Link - Report abuse 0
  • 4n conTroll

    What?

    Aug 23rd, 2014 - 01:16 am - Link - Report abuse 0
  • chronic

    8. Smeagol, you know who the biggest benficiaries of the WTO rulling are? The poor citizen of rotting roadkill who may eventually have the opportunity to buy a quality manufactured product at a fair price. Wait until they discover iPhone/Samsung smart phones. Maybe they can view some international new reports and then detect the local lies for what they are.

    Aug 23rd, 2014 - 01:27 am - Link - Report abuse 0
  • 4n conTroll

    @9

    How do you afford such equipment when the factory you worked in just closed and left you jobless due to the influx of such equipment?

    Aug 23rd, 2014 - 01:31 am - Link - Report abuse 0
  • chronic

    10. Smeagol, excellent question. Rotting roadkill can't produce anything nearly so technically advanced as the current generation of smart phone. In general though, the closing you use as a hypothetical illustration is a good thing. It allows resources to quickly be reallocated to a more worthy enterprise. Rotting roadkill just needs to be rehabilitated and recast itself in the Hong Kong capitalist model and get on with it.

    I hope you just learned a valuable lesson.

    Aug 23rd, 2014 - 01:38 am - Link - Report abuse 0
  • 4n conTroll

    @11

    How can there be a “quick” reallocation by the mighty and infallible “invisible hand” when, in the view of Mr. Invisible Hand, there are no worthy enterprises within the economic entity affected by the liberalization of trade?

    You do realize almost all nations that “developed” in Europe, Asia and Middle east were highly protectionist in the early stages (many remain so), because they understood that merely allowing a foreign flood of products would sterilize any incipient attempts for value-added economic production.

    Quite frankly, beyond the above, Hong Kong capitalism only functions in societies malleable to such a highly-lubricated structure, such as the Asian collectivist structure (ironically enough). Because that collectivist mindset is the only substance that can apply sufficient pressure on the individual to strive to perform within the required parameters. The benefits reaped are fabulous accumulations of wealth, granted. The costs however are mass depression, suicide, and overall dissatisfaction with life only partly sated through bizarre, rakehell, and borderline Gomorrah-bound fantasies (see Japan adult male sub-culture).

    Aug 23rd, 2014 - 01:52 am - Link - Report abuse 0
  • chronic

    12. Uhhhh Smeagol - you see rotting roadkill has a few cultural issues that need a little adjustment. Like the work ethic. To be 1st world or even solid 2nd world, you have to work about 9 or 10 hours per day and in your case to play catch up you're going to need to perform on Saturdays too (11.5+ months a year) and actually produce something - not just be on the clock. And along with this you need an educated workforce - primarily in math and science @ a level of about 16.5+ years or you're just not competitive. And that so called bonus that you receive for being present - that's forfeit with instead perhaps a true incentive - PROFIT (or loss) SHARING. Perhaps the biggest challenge would be in the area of of integrity because your BTB customers have to know that you'll abide by the rule of law and actually deliver the goods. Germany would be the master of the universe if it had the resources of rotting roadkill with its dedication and mastery of production.

    Ciao for now, Smeagol. I'll pick up on the lecture later and peel the onion of Adam Smith back real slow for you and in doing so eviscerate everything that is Keynes.

    Aug 23rd, 2014 - 02:12 am - Link - Report abuse 0
  • 4n conTroll

    Sounds like a yankeeboy solution but therein lies the hamartia: it is not feasible; unworkable beyond the bookends of tomes of Enlightenment-era philosophers, thinkers, and quixotics.

    No society can be changed to such a dramatic degree.

    And even if it were possible, I am very sincere when I tell you I would not want to live in such a society. For as wonderfully wealthy as North America, Europe, Hong Kong etc may be, the dissatisfaction with life is evident even if everyone here denies it. I read other message boards, I watch the news, I read other sources. While not universal and many people are quite happy, many others are utterly defeated spiritually by such a Philistine culture that surrounds them.

    Aug 23rd, 2014 - 02:35 am - Link - Report abuse 0
  • redp0ll

    Smealgol? Wasn't that troll looking for a ring? This troll hasn't even fashioned it's stone tools to penetrate that basic secret.

    Aug 23rd, 2014 - 03:33 am - Link - Report abuse 0
  • Think

    Ignorant Anglo Turnip at (6), Mr. Chronic writes...:

    ”Wait until they (Argentineans) discover iPhone/Samsung smart phones. Maybe they can view some international new reports and then detect the local lies for what they are.”

    I say...:
    What a turnip!
    (Handwritten with the S-Pen from my relatively new Tierra del Fuego, Argentina semi-produced & assembled Samsung Galaxy Note 10.1, 2014 edition)

    Aug 23rd, 2014 - 04:22 am - Link - Report abuse 0
  • Anglotino

    Is there a fiddling app on that?

    Sounds like you are using it.

    Aug 23rd, 2014 - 05:18 am - Link - Report abuse 0
  • chronic

    Wait! Think and cntrl in the same dimension of the same universe at the same time ? No, it's just ole shape shifting Smeagol.

    16. Hello, Smeagol.

    Aug 23rd, 2014 - 05:34 am - Link - Report abuse 0
  • Chicureo

    The lunatic has. taken over the readers forum.
    One idiot is conversing with a multitude of identities debating himself.

    Aug 23rd, 2014 - 08:16 am - Link - Report abuse 0
  • HansNiesund

    @3

    If Argentina can't or won't respect WTO rules, shouldn't it withdraw from the WTO?

    Aug 23rd, 2014 - 09:04 am - Link - Report abuse 0
  • Conqueror

    Musing. Isn't this the SECOND case where MercoPress has reported that argieland has failed to scam the WTO? Is there a '3 strikes and your out' rule, where every subsequent case argieland automatically loses? Or do they rely on the arbitrators just saying, “Not argieland AGAIN!” Not having a lot of luck at courts and tribunals, eh?

    @3. Of course we were expecting that. Everybody's against us. We are victims. It's all bribery and corruption. Of course, you're quite right. Everybody IS against miserable, lying, cheating scum. You are indeed a victim of your own lying and cheating. Bribery and corruption are, of course, endemic in argieland. In other countries, such individuals get prosecuted. In argieland, you get to be president.
    @6. Nope. We're all standing at the top. It's your cockeyed way of looking at things. Actually, you're falling. Rocks are getting closer. Flap those arms.
    @10. Shouldn't you describe things properly? “when the factory you worked in” translates to “hut that you used to turn up at daily, eventually, for your handout”. “left you jobless” translates as “no need to go to the hut”.
    @12. But Britain was never protectionist. It thrived on trade. In fact, it did other countries' trade for them. See how good we are? And we play by the rules as well!
    @14. And Japan abandoned its militarism. To a fair extent, so did Germany. Bet you I could make argies work that hard. The birch, canes, whipping. Some whips with jagged metal inserts. Obey the law or get your nuts chopped off. Be educated to the appropriate standard or be left to die of starvation. What an interesting sociological experiment.

    Aug 23rd, 2014 - 09:58 am - Link - Report abuse 0
  • willi1

    arg is an independent free idiotic country, lead by a robberment gang under ck. it can do what it wants without keeping any international rules with affect against arg.
    all other countries are also independent and free but not idiotic. they handle as per international rules, pay their debts and keep up good relations under each other.
    stiglitz seems to expect a date with ck in the backroom when creeping her in the rump.

    Aug 23rd, 2014 - 10:26 am - Link - Report abuse 0
  • Klingon

    Senor troll, Try this
    If you have an Argentine made cell phone pull the back off it.
    You will see the AFIP sticker on the inside that shows it was imported.
    The only part of the phone manufactured in Argentina is the plastic back panel.
    Why is it that Argentina and Venezuela are the 2 main countries with import restrictions?

    Aug 23rd, 2014 - 11:57 am - Link - Report abuse 0
  • lsolde

    Stop it Conqueror,
    You're making me laugh.

    Aug 23rd, 2014 - 12:20 pm - Link - Report abuse 0
  • Steve R

    Yep even we in the UK used Protectionism (Shock horror LOL) but sorry guy's we did, if you dont wish to believe me then read the “Import Duties Act in February 1932” here is a bit of it
    The enactment of the Import Duties Act in February 1932 inaugurated protectionism in Britain, bringing to end a long period of commitment to free trade. The Act placed a 10 per cent tariff on manufactured imports, while foods, raw materials and empire manufactures were exempted. In 1932 the Import Duties Advisory Committee doubled the basic tariff to twenty per cent. Thereafter, import duties were increased piecemeal, and in the case of steel, reached 50 per cent by 1935. Even the EU today practices it LOL OK Argentina has taken it to another level but thats life.

    There are different types of Protectionism, it is not simply a case of charging a higher tax on a import it can also be banning certain imports or refusing to even think about another countries product for a given project.

    Just to give you a simple example try buying something from outside the EU that costs more than 18 euros /£15 you will pay no customs duty but will be eligable for the VAT

    Goods sent as a gift that are over £36 in value are liable to import VAT (I am not including Tobacco/booze/perfumes)

    There are around 14,000 different classifications. The duty rate percentage for each may vary according to the country the goods come from. The average percentage is between 5% and 9%, but it can be as low as 0% or as high as 85%.

    All of this is a form of protectionism :-) It is simply another way governments raise more cash and we all know just how they like to do that LOL

    Aug 23rd, 2014 - 01:10 pm - Link - Report abuse 0
  • Andy65

    @4n control, When the people of Argentina wake up and smell the coffee and elect (if they exist) a person with an ounce of common sense without the attitude that we Argentines are better than the rest of you so we will not comply with world organisations on how things are done but we will lie and cheat our way through life and shit on you all.
    How a country with so much potential can be constantly lead down the shitter only to crawl back up to be dragged back down by the next idiot you people elect is beyond us all.
    God bless you my friends Argentina ALWAYS the victim

    Aug 23rd, 2014 - 01:43 pm - Link - Report abuse 0
  • chronic

    AT FOURTEEN. Smeagol said,

    “No society can be changed to such a dramatic degree.”

    Smeagol, there used to be dinosaurs. They failed to adapt and were replaced by better suited, more flexible species as the creatures of domination. If what you say is true - which would be a first to my knowledge - the current citizenry of rotting roadkill is in for a long and painful demise. This change could be affected by recolonization by a production oriented peoples or by partition of the wholly compromised area so as to not only be sustainable but have the opportunity for prosperity. In the latter case, BA would then be left free of the drain of resources that the Portenos view the rest of the country as and then could concentrate on futbal and red wine and cheesy pizza and plastic surgery and psychoanalysis and other interesting pursuits. Should the Portenos wish to apply theirselves to other matters, they could do so without interference from the hinterlands.

    Aug 23rd, 2014 - 02:10 pm - Link - Report abuse 0
  • gordo1

    What exactly is the point of 4n conTroll being around here? None of his postings makes much sense as his English is not current, his vocabulary means that we have to consult specialist dictionaries in order to even get a hint of what he is alluding to.

    Is there any chance at all he can be persuaded to post in a colloquial version of English? Is it fair to him to dismiss his ramblings only because we don't understand him?

    Aug 23rd, 2014 - 03:19 pm - Link - Report abuse 0
  • Anglotino

    Nostrils craves inclusion and this is the closest he can come to it.

    Mercopress' fora are still small enough that here he can be noticed and not lost in hundreds of posts. Just like someone in an abusive relationship, he is unable to leave because he craves the attention.

    And unlike in person or on social media where someone can avoid you or unfollow or block you, here his voice is always heard. Just like am now, here people talk about him and give him attention.

    He will outlast most posters on here because what else does he have? The future to him is the same as now.

    Aug 23rd, 2014 - 04:14 pm - Link - Report abuse 0
  • Klingon

    Argentina: The country with the most potential and always will be the the country with the most potential, thanks to Peronism.

    Aug 23rd, 2014 - 04:53 pm - Link - Report abuse 0
  • chronic

    28. Smeagol, is that you?

    Aug 23rd, 2014 - 05:34 pm - Link - Report abuse 0
  • Don Alberto

    It is Griesa's fault! and of course Argentina will appeal the panel's ruling to the WTO - it's all about dragging the end out until the new president and government somehow will be responsible.

    I feel that if the Argentines are smart, they elect another Kirchnerist president to take the rap, and if the opposition politicians have an IQ above 70, they'll leave the mess to a K-government, while they are sitting in a corner laughing mischievously.

    Aug 23rd, 2014 - 06:09 pm - Link - Report abuse 0
  • Briton

    As long as CFK klings on to her pathetic hope, the rest will just have to suffer..

    Aug 23rd, 2014 - 06:09 pm - Link - Report abuse 0
  • Don Alberto

    Shrinkhead is writing with the S-Pen from my relatively new Tierra del Fuego, Argentina DISassembled & REassembled Samsung Galaxy Note 10.1, 2014 edition.

    The “advanced” hardware “producers” in Tierra del Fuego produce nothing, they buy the products in Asia, DISassemble and REassemble them, and call themselves “High Tech”.

    Aug 23rd, 2014 - 06:16 pm - Link - Report abuse 0
  • Klingon

    @34 They have 1 plastic injection mold machine making the back panels then a bunch of numb skulls putting the battery and back panel on.
    10 steps and it is made in Argentina.

    Aug 23rd, 2014 - 07:51 pm - Link - Report abuse 0
  • Conqueror

    @25. You did notice that the boy specified the time frame, didn't you? “You do realize almost all nations that “developed” in Europe, Asia and Middle east were highly protectionist in the early stages”. England has existed since 972 AD. I reckon our “early stages” were over by about 1600.
    @30. Indeed. Loads of “potential”. Never gets anywhere. I return to the subject of the argie railways. An amazing advance. Never need ANY maintenance.

    Aug 23rd, 2014 - 07:59 pm - Link - Report abuse 0
  • Don Alberto

    What actually happens in Tierra del Fuego can be learned from this article in Spanish: ``La “fuga” de la que nadie habla: Tierra del Fuego “succiona” más dólares que energía o turismo´´ http://www.iprofesional.com/notas/170269-La-fuga-de-la-que-nadie-habla-Tierra-del-Fuego-succiona-ms-dlares-que-energa-o-turismo

    Search this text: “Sin embargo, en este último tiempo, comenzó a agrandarse otra grieta que, hasta 2009, prácticamente no existía: Tierra del Fuego”.

    This shows how much was imported to be reassembled January through September 2013:
    http://www.iprofesional.com/notas/170269-La-fuga-de-la-que-nadie-habla-Tierra-del-Fuego-succiona-ms-dlares-que-energa-o-turismo

    Aug 23rd, 2014 - 09:45 pm - Link - Report abuse 0
  • MagnusMaster

    @34 Isn't the disasembling and reassembling thing an urban legend? I wouldn't make sense for China to export CKD kits all over the world if they assemble and disassemble them first.
    @35 Don't forget the styrofoam in the packaging ;)

    Aug 23rd, 2014 - 09:49 pm - Link - Report abuse 0
  • Chicureo

    What the trolls really can't understand is that Chilean cel carriers many times sell the phones at a minuscule profit to entice customers to sign 24 month contracts.
    Entel, Movistar and Claro will give you an iPhone for “free” and it's a good deal for most.

    It will be interesting how the free computer for student program works out in Uruguay.

    In the 70's, post Allende,
    They actually received a few fully assembled new Chevrolet sedans, disassembled them, including the removal of the engine, reupholstered the interior and then reassembled the vehicle to qualify for as special tax break.
    For the longest time we had a partial car assembly tax incentive program until finally it was shut down.
    These type of schemes are in the end, generally counterproductive.
    Defense, rail road and public transport partial assembly programs on the other hand seem to work out well... Although sometimes it turns into a major disaster.
    I refer to Argentina's ship, submarine, jet trainer and domestic tank (The infamous TAM).

    Aug 23rd, 2014 - 11:35 pm - Link - Report abuse 0
  • 4n conTroll

    My point here is to educate.

    Aug 24th, 2014 - 12:41 am - Link - Report abuse 0
  • Anglotino

    No it's not.

    Aug 24th, 2014 - 04:58 am - Link - Report abuse 0
  • imoyaro

    In order to educate, you have to have learning and experience to impart to others. ;)

    Aug 24th, 2014 - 05:26 am - Link - Report abuse 0
  • Don Alberto

    @ 38 MagnusMaster: “Isn't the disasembling and reassembling thing an urban legend?”

    Look at the list of what is imported to Tierra del Fuego:
    http://www.iprofesional.com/adjuntos/jpg/2013/09/386407.jpg

    Whole units (TVs, monitors, phones, etc.): 4.67 billion US$

    Parts: 1.47 billion US$

    Aug 24th, 2014 - 06:46 am - Link - Report abuse 0
  • yankeeboy

    In the USA charities often establish “make work” programs for mentally disabled people. Easy repetitive tasks that require very little thought process.
    It looks like most of TDF is exactly that!
    :)

    Aug 24th, 2014 - 01:33 pm - Link - Report abuse 0
  • chronic

    40. No, Smeagol. You are like a perverse circus animal. You require the audience and the public humiliation. In fact - you seem to thrive on it.

    Aug 24th, 2014 - 03:50 pm - Link - Report abuse 0
  • ChrisR

    It would be better if the argies learnt to finish off their existing products and put all the correct parts in the carton before they send it to Uruguay.

    Vitrous sanitary ware jumps to mind.

    Aug 24th, 2014 - 10:52 pm - Link - Report abuse 0
  • Monkeymagic

    @40

    But you have nothing to teach.

    You are a poorly educated child, with no experience of anything seemingly but Mercopress and the odd socialist doctrine off the Internet.

    Your clueless rants are an embarrassment for you.

    Aug 25th, 2014 - 08:25 am - Link - Report abuse 0
  • yankeeboy

    BCRA just stopped all “non-essential” imports to try to tamp down the Peso.

    Psst, it won't work in the long run.

    It will just put more people out of work and increase inflation.

    Did any of these people take an econ class? Anyone? In the whole country? Anyone?

    Aug 25th, 2014 - 09:01 pm - Link - Report abuse 0
  • MagnusMaster

    @48 Economy is a pseudoscience here. Those who actually know about economics are all bought by the gov't to intentionally warp and misinterpret economic theory to justify whatever the gov't is doing. The only thing the gov't cares is to keep printing pesos so they can keep paying the mafia and the poor. CFK isn't ever going to do the necessary austerity no matter what, even if it means going full Chavez, they want the next administration to bear the political cost. This is sadly how politics is done here.

    Aug 26th, 2014 - 01:54 pm - Link - Report abuse 0

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