By Today (January 28, 2013), a panel was established under the WTO Agreement regarding import restrictions by Argentine Republic (Argentina). Japan had requested the establishment of a panel, together with the United States and the European Union.
Today (January 28, 2013), a panel was established as requested by Japan, the United States and the European Union. This is a case regarding whether a series of Argentina's import restrictions, including non-automatic licenses, a prior import declaration requirement and a trade balancing requirement on the importation of a wide range of goods, are in compliance with the WTO Agreements.
Japan seeks an appropriate solution to this issue in accordance with the WTO Agreements.
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On August 21, 2012, together with the United States, Japan requested a consultation with Argentina under the WTO Agreement on import restrictions.
http://www.meti.go.jp/english/press/2012/0821_01.html -
On December 6, 2012, together with the United States and the European Union, Japan requested the establishment of a panel.
http://www.meti.go.jp/english/press/2012/1206_01.html
A member which insists that its benefit under the WTO Agreement is being impaired as a result of measures being adopted by other members which are inconsistent with the WTO Agreement, may, after a certain period, request the establishment of a panel to examine the matter and make rulings based on the measure's compliance with the WTO Agreement, if consultations fail to settle the dispute. A party which is not satisfied with the panel rulings may appeal to the WTO Appellate Body, which represents the final authority in adjudication of the matter.
A prior import declaration requirement is the regulation of Argentina that requires importers to obtain approval from the Argentine Federal Revenue Administration prior to importation of goods.
January 28, 2013
- Multilateral Trade System Department, Trade Policy Bureau
- Latin America and Caribbean Office, Americas Division, Trade Policy Bureau
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