Weekly Report - 23 July 2015 (WR-15-29)

GUATEMALA | Favourable WTO ruling. On 20 July Guatemala’s agricultural chamber celebrated a favourable ruling issued by the World Trade Organization (WTO) on Guatemala’s trade dispute with Peru. Since 2001 Peru has imposed additional import tariffs on a range of agricultural products including rice, sugar, maize and dairy products when the prices of these imports fall below a certain level. The Sistema de Franja de Precios (SFP) price band system was designed to protect Peru’s domestic agricultural producers when international agricultural produce prices reached very low levels.

End of preview - This article contains approximately 311 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial