CHILE V ARGENTINA
January 1st, 2003
BY KEITH NUTHALL
THE ARGENTINE government has launched the first stage of disputes proceedings at the World Trade Organisation, launching formal talks with Chile over Santiago's imposition of 14 per cent temporary safeguard duties on fructose. Argentina claims that Chile broke the WTO's GATT agreement by imposing the duties. Buenos Aires says there has been no boom in imports, a prerequisite for imposing such duties under world trade rules.
THE ARGENTINE government has launched the first stage of disputes proceedings at the World Trade Organisation, launching formal talks with Chile over Santiago's imposition of 14 per cent temporary safeguard duties on fructose. Argentina claims that Chile broke the WTO's GATT agreement by imposing the duties. Buenos Aires says there has been no boom in imports, a prerequisite for imposing such duties under world trade rules.
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