Brussels, 29/01/2015 (Agence Europe) - On Monday 26 January, the WTO dispute settlement body adopted the appellate body report on the complaints by the EU, US and Japan against Argentina regarding certain Argentine measures affecting the import of goods.
As part of these three separate complaints dating from 2012 (DS 438, DS 444 and DS 445), the WTO appellate body confirmed, on 15 January, the judgment by a panel of the dispute settlement body (DSB) on 22 August 2014 condemning the measures taken by Argentina to restrict imports of products on its market from the three complainant countries (see EUROPE 11232).
At the DSB meeting on 26 January, the three co-complainants welcomed the finding of the appellate body that Argentina's measures were in clear breach of its WTO obligations and considered as restrictions to import that were incompatible with the general agreement on tariffs and trade (GATT) 1994.
Argentina noted that this dispute had raised difficulties and challenges regarding the interpretation of issues of systemic importance which, in its view, have not been appropriately resolved. It said that it would analyse the report and act in line with its WTO obligations. (EH)