Europe requests panel over trade dispute
The European Union has requested the establishment of a World Trade Organizationpanel to rule on a dispute with Colombia over what Brussels says are discriminatory measures against spirits made by European drinks companies.
Monday’s request will be discussed by the WTO Dispute Settlement Body on September 2, the European Commission said. “EU spirits are subject to higher taxes and local charges than those applied to local brands,” the Commission said in a statement. “This is in contravention of Colombia’s non-discrimination obligations under WTO rules.”
Source: Colombia Reports