Iowa Public Television

 

WTO Rules on U.S., Aussie Complaints

posted on March 18, 2005


Both sides claimed victory this week in a trade fight centering on the right of foreign exporters to use geographic food names such as Florida oranges or Idaho potatoes to describe their products in European markets.

A World Trade Organization panel released a ruling on complaints filed against the European Union by the United States and Australia. It found fault with some part of Europe's current rules, but also said they could be maintained if the protection they give was extended to some foreign producers.

The U.S. and Australia claimed that the EU was breaching the rules of global commerce by not granting their exporters and producers the right to use "geographical indicators" for their products.


Tags: Australia crops European Union markets news trade