World Trade Organization Notices for March 8-14
The World Trade Organization (WTO) posted the following notices from March 8-14, 2012 (may have to click twice on source documents for proper viewing):
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- U.S., EU, and Japan file disputes against China. The U.S. (DS431), EU (DS432), and Japan (DS433) have requested consultations with China under the dispute settlement system concerning China's restrictions on export of various forms of rare earths, tungsten and molybdenum. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation for at least 60 days. (here)
- WTO confirms Boeing's illegal subsidies. The Appellate Body issued its report in the case “United States -- Measures Affecting Trade in Large Civil Aircraft (Second Complaint)” (DS353). The WTO rejected the U.S. appeal and found that U.S. Federal and State governments granted WTO-incompatible subsidies to Boeing between 1989 and 2006. (here) (here) (See ITT's Online Archives 12031306 for more information on the Boeing decision.)
- Trade Policy Review: Nepal. The first review of the trade policies and practices of Nepal takes place March 13-15, 2012. (here)
- PTA database now available. The Transparency Mechanism for Preferential Trade Arrangements (PTA) is a WTO agreement which aims to increase members’ and the public’s understanding about the legal nature, history and background of each PTA, the range of products covered, and the types of preferential treatment offered. The public database is accessible as of March 14, 2012. (here)
- Ukraine files dispute against Australia. Ukraine has requested consultations with Australia (DS434) under the dispute settlement system concerning Australia's trademark and plain packaging restrictions on tobacco products. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation for at least 60 days. (here)