31 Jan '13, 5pm

Argentina Suspends WTO Complaint After Spain Ends Biofuels Curbs

Argentina Suspends WTO Complaint After Spain Ends Biofuels Curbs

The Spanish government issued a law in April last year requiring that only EU fuel could meet quotas for biofuels used in transport. That prompted a World Trade Organization challenge by Argentina, the world’s largest exporter of soybean biodiesel, which said the plan was discriminatory and a violation of WTO rules. Spain said on Oct. 16 that it would abandon the order incorporating the EU’s renewable energy law into national legislation. “We decided not to proceed with the case,” Enrique Ferrer, a diplomat in Argentina’s mission in Geneva, said in a telephone interview today. “Spain’s government issued a new decree, so for the time being we are able to export biodiesel to Spain. We are still following it very closely to see if our exports don’t have any problems in the market and then we won’t proceed with the case.” The EU said its order was designed to protect the envir...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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