EU STALLS PAKISTAN BID FOR WTO PET COUNTERVAILING DUTY CASE
February 8th, 2015
THE EUROPEAN Union (EU) has stalled a bid by Pakistan to launch a World Trade Organisation (WTO) case focused on its complaints about against EU countervailing duties levied on certain Pakistani PET (polyethylene terephthalate) exports.EU diplomats used their right to block the establishment of a disputes panel to adjudicate the row, at a meeting yesterday (Monday Feb 23) of the WTO disputes settlement body (DSB). Pakistan must now make a second formal application to force the establishment of a panel – which it can attempt at the next DSB meeting on March ...
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