Argentina confirms customs imports restrictions despite WTO ruling

Wednesday, January 21st 2015 - 07:05 UTC

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Officials Costa and Español met with representatives of business chambers, confirming the upholding of commercial restrictions

The administration of president Cristina Fernandez confirmed to Argentine business leaders that customs restrictions on imports will stay in place, despite strong international pressure for barriers to be lifted.

Internal Trade Secretary Augusto Costa and Foreign Trade deputy secretary Paula Español met on Wednesday with representatives of several business chambers, where the commitment to upholding commercial restrictions was made clear by the government officials.

According to an official statement, the audience aimed to “work on the alignments of foreign trade administration for the coming year,” after Argentina lost a World Trade Organization (WTO) hearing for protectionism against the United States, European Union and Japan.

Argentina was ordered to remove customs regulations that obstruct trade with other countries, with the WTO upholding the complaints filed in 2012.

But Costa affirmed that “the current functioning logic of the system of trade administration” would be maintained, pointing out the “productive dialogue” with business sectors.

Categories: Economy, Politics, Argentina, International.

Tags: Argentina, Augusto Costa, import restrictions, Paula Español, restrictive measures, World Trade Organization (WTO).

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chronic
Why would the K's hold trade law any more sacred than they hold human life?
Jan 21st, 2015 - 07:31 am 0
ChrisR
They just haven't got the money, have they?
Jan 21st, 2015 - 10:31 am 0
Conqueror
Oh dear. More crimes. Time for the international community to declare the argie 'government' illegal and/or criminal and move to remove it. Let;s see how argieland likes invasion and occupation.
Jan 21st, 2015 - 02:07 pm 0

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