Home Business A chip on its shoulder? EU files WTO complaint against Colombia

A chip on its shoulder? EU files WTO complaint against Colombia

BRUSSELS (PR News Corp) – The European Union filed a complaint at the World Trade Organization on Friday against Colombia over duties imposed on frozen potato fries from Belgium, Germany and the Netherlands.

Colombia imposed anti-dumping duties of between 3% and 8% on frozen fries for two years in November 2018 after complaining that the prices of these imports were artificially low.

Although small in monetary terms – the EU as a whole exports just 19 million euros ($20.9 million) of frozen fries to Colombia per year – the dispute is big in symbolism particularly for Belgium, which argues that it invented the “French” fry.

The duties affect 85% of EU exports of frozen fries to Colombia.

The duties breached WTO law in terms of substance and because of the procedure to put them in place, the European Commission said.

“Despite numerous interventions with Colombia to lift the unjustified measures, we have not received a satisfactory response,” EU Trade Commissioner Cecilia Malmstrom said in a statement.

The first step in a WTO dispute is a 60-day period of consultations. If these do not resolve the issue, the complainant can ask for a WTO panel to adjudicate.

The EU and Colombia have had a trade deal in place since 2013.

Latest articles

South African Airways, unions meet for talks amid damaging strike

JOHANNESBURG (PR News Corp) - South African Airways (SAA) and unions on Saturday met for talks the troubled state-run carrier hopes can bring an...

The Sony a7R IV is the best camera for landscape photographers

<!-- {OSPHeroImage} {/OSPHeroImage} {OSPIntroText} Landscape shooters have a unique set of requirements for their gear. On the image quality side of things, a good landscape camera should offer...

Microsoft Intune gets a new streamlined user experience

Microsoft recently began rolling out a refreshed and streamlined administration experience for Microsoft Intune. These features, which are now generally available, were determined based...

Southeast Asia: Final Fantasy VII and VIII Remastered Twin Pack coming 29th November

Square Enix has announced exactly when collectors and gamers who reside in Southeast Asia can pick up the exclusive Final Fantasy VII and VIII...

POPULAR