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May 27th, 2012 
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EU refers Argentina’s import restrictions to the WTO
BBC – It is the latest step in the row between the two since Argentina nationalised energy company YPF, which was majority owned by Spain’s Repsol. EU officials highlighted difficulties with getting export licences as well as rules forcing some companies to import as much as they export. EU exports to Argentina are worth 8.3bn euros ($10.4bn; £6.7bn) a year. EU countries import 10.7bn euros of goods and services a year from Argentina. “Argentina’s import restrictions violate international trade rules and must be removed,” said EU trade commissioner Karel De Gucht. Read article
Tags: Central South America, Europe, New World Order, politics
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