News on August 4, according to foreign media reports, recently, the Argentine government’s policy of restricting foreign trade has caused strong dissatisfaction from the outside world. The United States, Japan, and the European Union sued the Argentine government at the World Trade Organization for erecting various barriers to free trade. To this end, the World Trade Organization (WTO) issued a ruling requiring the Argentine government to adjust its customs regulations in accordance with international management and eliminate trade barriers no later than December 31 this year.
This shows that Argentina’s existing trade barriers will continue to exist during the current president’s term, and starting next year, Argentina’s import and export trade may usher in a new era.
According to information provided by Latin American logistics service provider Speed International, the Argentine government has stated that the existing customs import regulations are a protective umbrella, and they will adjust these regulations to be consistent with the relevant rules of the General Agreement on Tariffs and Trade.
It is reported that the Argentine government has begun to require sensitive or fragile industries such as footwear, textiles, and toys to seek phytosanitary, quality certification, electrical safety certification and other technical means to protect themselves. At the same time, in order to appease these industries, the government mentioned that the current rules of the game “remain unchanged” until the end of this year.
In this regard, people in the foreign trade industry pointed out that Argentina’s customs regulations related to imports have been widely criticized, and Chinese companies exporting to Argentina have also frequently encountered setbacks. Both traditional trade and e-commerce transactions are often “stuck” at customs. One ring. According to the WTO ruling, this situation is expected to improve starting next year.
However, industry insiders also said that since the WTO has given the Argentine government a certain buffer time, and the results of the ruling will not be visible until at least several months after its implementation, the non-automatic import license system and anti-dumping charges against it at the WTO The measures may be revived.
WTO asks Argentina to remove trade barriers
News on August 4, according to foreign media reports, recently, the Argentine government’s policy of restricting foreign trade has caused strong dissatisfaction from the outside world. The United States, Japan,…
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