Arab Today, arab today wto to rule on euargentine trade fight by year\s end
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

WTO to rule on EU-Argentine trade fight by year\'s end

Arab Today, arab today

Arab Today, arab today WTO to rule on EU-Argentine trade fight by year\'s end

Buenos Aires - AFP

World Trade Organization chief Pascal Lamy said on Thursday the WTO would probably issue a ruling by year\'s end on European complaints on Argentine protectionism. \"The WTO will say whether or not the Argentines have breached areas they are required to uphold under WTO rules, as the Europeans say,\" Lamy told AFP on the sidelines of the Rio+20 summit. \"We will probably have the result within six months,\" he said. In May, the European Union (EU) filed a challenge against Argentine restrictions on imports, escalating a trade war sparked by seizure of Spanish oil assets. The complaint focuses, among other things, on procedures to obtain an import license and a requirement for companies to balance imports with exports. In other comments, the WTO director general voiced fresh concern about rising protectionism in the world, which he said began with the 2008 financial crisis. G20 leaders, at their summit in Los Cabos, Mexico this week, made a vow not to put up new trade barriers before the end of 2014. \"It\'s fine to make statements, but it would be even better if they were adhered to fully. Right now, this is not the case,\" said Lamy. The UN summit on sustainable development ends in Rio on Friday. It has seen leaders and ministers from several poorer countries, including China, voice fears that the drive for the green economy could lead to barriers against goods deemed to come from environmentally destructive sources. \"So far we haven\'t seen a complaint of this kind\" filed with the WTO, said Lamy. \"It remains a fear, a concern, among developing countries,\" he said, adding though, \"we are able to distinguish whether a trade measure that is made in the name of defending the environment is protectionist or not.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wto to rule on euargentine trade fight by year\s end Arab Today, arab today wto to rule on euargentine trade fight by year\s end

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wto to rule on euargentine trade fight by year\s end Arab Today, arab today wto to rule on euargentine trade fight by year\s end

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday