EU, Japan, Argentina and Costa Rica join U.S. transparency drive at WTO

By Kitco News / November 02, 2018 / www.kitco.com / Article Link

GENEVA (Reuters) - Argentina, Costa Rica, Japan and the European Union are supporting a U.S. drive to enforce greater transparency in World Trade Organization notifications, a proposal published by the WTO showed on Friday.

The United States, which is pushing for tighter discipline at the WTO, surprised many diplomats last year with an initiative for administrative sanctions on countries that failed to file documents and notify subsidies and other policies.

The updated version, reflecting the outcome of discussions to broaden support for the U.S. proposal, includes some leniency for developing countries struggling with their obligations.

Reporting by Tom Miles; editing by John Stonestreet

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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