| 11/6/2003 EU Insists Ban On Hormone-Treated Beef Is Justified - 11/4 Oster Dow Jones Lamy, speaking to the European Institute, further justified EU demands that the U.S. should lift economic sanctions that were set in retaliation to the EU ban on hormone-treated beef despite the fact that those sanctions were approved by the WTO. "In that spirit, we will be going shortly to (WTO) Dispute Settlement Body to ask the U.S. to lift the sanctions," Lamy said in the speech. "The U.S. has made clear that it doesn't agree, but that doesn't change what we have done." The WTO ruled in 1998 there was no legal basis for the EU's long-running prohibition of hormone-treated beef, primarily from the U.S. and Canada, but the EU never lifted its ban. In retaliation, the U.S. has placed 100 percent tariffs on $116.8 million in EU goods each year. The Office of the U.S. Trade Representative has dismissed the recent EU claims that it should no longer be penalized for banning hormone-treated beef as baseless, according to officials there. "There's no new science," USTR chief agriculture negotiator Allen Johnson said recently about the EU claims. Related Link: http://www.cropdecisions.com |
This
website is best viewed in Internet
Explorer or
Netscape Navigator versions
4.0 and
above. All content contained herein is subject to copyright law.
Click here to unsubscribe
above. All content contained herein is subject to copyright law.
Click here to unsubscribe