Tuesday, August 21, 2012
Now it is Argentina's turn to be subject to a World Trade Organization (WTO) complaint. Earlier today, both Japan and the United States requested consultations with Argentina regarding alleged import restrictions caused by a system of non-automatic import licensing and other related measures. According to both Japan and the United States, “these measures restrict imports of goods and discriminate between imported and domestic goods” contrary to the national treatment obligations of Article III of the General Agreement on Tariffs and Trade. The matter has been assigned WTO case numbers WT/DS444/1 and WT/DS445/1. As usual, if consultations do not satisfactorily resolve the matter within 60 days, either complainant may request the formation of a WTO dispute resolution panel.