Argentina Loses Local Sourcing Case again in WTO Appellate Forum
Argentina’s controversial
import restrictions were dealt a resounding blow last week, after the WTO’s
highest court confirmed late on Thursday that these policies are in violation
of global trade rules – upholding all of the main findings issues by a previous
dispute panel in August.
The dispute was first filed
over two years ago, with claims lodged by the EU, the US, and Japan alleging
that Argentina’s various “trade-related requirements” (TRRs) under its comercio administrado,
or managed trade, policy were restricting imports and creating an unfair
advantage for domestically-produced goods over their foreign equivalents. (DS438, DS444, and DS445, respectively).
These TRRs included that
domestic companies export at least as much as they import, by value; that such
companies limit their level of imports by volume or value; that investments be
made in Argentina; that companies increase local content in Argentine-produced
goods; and that companies do not repatriate revenue or other funds abroad.
Thus Hyundai, the automobile
manufacturer, which “reportedly committed to exporting peanuts, wine,
biodiesel, and soy flour from Argentina,” Thursday’s report noted.
The complainants had also
challenged a specific measure enacted in 2012 known as the Declaración
Jurada Anticipada de Importación (DJAI) in Spanish, or Advanced Sworn Import
Declaration in English. This policy requires importers to file sworn affidavits
to Argentine tax agency AFIP and then wait for approval or rejection.
Argentina said the TRRs are “not
stipulated in any published law, regulation, or administrative act,” as the
Appellate Body itself acknowledged.
However, despite being
“unwritten measures,” these requirements are reflected in individual agreements
between companies and the Argentine government, or in letters that the former
receives from the latter, with the WTO judges noting “extensive evidence” of
such arrangements in play through sources such as domestic laws and policy
documents and statements by Argentine officials, among others.
The Appellate Body clarified
that when tasked with assessing a challenge against an unwritten measure, the
specific measure challenged and how a complainant describes it will determine
the kind of evidence required and the elements that a complainant must prove in
order to establish that the measure is in place. The WTO judges ultimately
found that the panel was not incorrect in the legal standard they used.
Complainants note injury, call
for action
The complainants in the case
were quick to issue statements condemning the Argentine policies, and urging
officials in Buenos Aires to take swift action in removing them.
“Argentina should now renounce
its practices, allowing European companies to resume normal business with their
Argentine partners,” the EU said in a statement. The measures, the EU added,
have created a “severe burden” for Argentine importers of European products and
have made it difficult for foreign firms to operate in the South American
country.
US Trade Representative
Michael Froman similarly remarked that such
“protectionist measures” by Argentina have already hurt a significant segment
of US exports, to the tune of potentially “billions of dollars in US exports
each year that support high-quality, middle class American jobs.”
Furthermore, Capitanich said, the Appellate Body finding “does not
require any immediate modifications in [Argentina’s] trade administration
policies,” while defending the DJAI as a “basic element that helps customs
offices to guarantee protection of the domestic market.”
The Argentine cabinet head
also claimed that his country has, over the past 11 years, ranked among the 10
countries that “most increased its imports,” while arguing that the
complainants are among those WTO members who lose trade disputes the most
often.
Under WTO dispute settlement
practices, if Argentina cannot immediately bring the cited measures into
compliance, the parties can seek a mutual agreement on the reasonable period of
time for doing so. Otherwise, the parties can then resort to arbitration.