Commercio Internacional

Páginas: 3 (694 palabras) Publicado: 25 de noviembre de 2012
BERNARD O’CONNOR

September 2012

TRADE SUMMARIES, AUGUST
Argentina files dispute against the EU on biodiesel imports On August 17th, Argentina notified the WTO Secretariat of a request forconsultations with the EU and Spain on the latter’s restrictions of imports of biodiesel from foreign producers. Argentina claims that in April Spain issued a regulation which effectively discriminatesagainst biodiesel imports from third countries in favour of those coming from the EU. Spain’s decision came after Argentina expropriated the 51% stake in oil and gas company YPF SA held by the Spanishoil producer Respol SA and after Argentina announced the decision to rise the rate of duty on exports of biodiesel. The notification starts a 60 day timeframe in which negotiations on a possibleamicable settlement can be undertaken. If these are not successful the WTO may establish a panel to mediate in the matter. Australia to join EU's emissions trading system On August 28th, Australia and theEU announced their intention to link their emissions trading systems (ETS). Under an interim agreement, Australian businesses will be able to use EU allowances to help meet liabilities under theAustralian emissions trading system from July 1st 2015 until a full link is established. The full link of the emissions trading system is expected to take place no later than July 1st 2018. Once thishappens, businesses will be allowed to use carbon units from the Australian ETS or the European one for compliance under either system. The agreement will cover policy issues such as measurement, reportingand verification arrangements; the types, quantities and other relevant aspects of third party units that can be accepted into both schemes; and comparable market oversight. EU to register USbioethanol The European Union has ordered its customs officials to register imports of US bioethanol. According to the Commission’s statement “Imports of the product concerned shall be made subject to...
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