Monday, August 20, 2012
Argentina has requested consultations with the European Union (EU) regarding Spanish restrictions on imports of biodiesel from Argentina. Argentina alleges that a Spanish law adopted earlier this year discriminates against biodiesel from Argentina in favor of biodiesel from the EU. If proven, such a measure would violate the most favored nation principle of Article I of the General Agreement on Tariffs and Trade. If consultations do not successfully resolve the matter within 60 days, Argentina can request the establishment of a dispute resolution panel. The matter has been assigned case number WT/DS443/1.