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Colombia protests Argentina's restrictions on imports

Thursday, April 19, 2012

Colombia has sent a letter to the World Trade Organization protesting Argentina's import restrictions on its products.

Colombia is among several of Argentina's trading partners who have threatened legal action following efforts by Argentine President Cristina Fernández's administration to curb imports and improve a deteriorating trade surplus.

The move came amid controversy over Argentina's decision this week to expropriate YPF, the country's largest oil company, which is owned by the Spanish company Repsol.

Source: Reuters