Switzerland became the eighth member of the WTO, which began a process against the fees of the United States in the framework of this organization.
Switzerland asked the world trade organization (WTO) with the complaint to actions of the United States, which the government imposed import duties on steel and aluminum. This is with reference to the statement of the Ministry of economy of the country reports Reuters.
“From the point of view of Switzerland, additional duties, which, according to the United States, was introduced to protect national security, are unfounded,” said the Swiss economy Ministry.
It is noted that Switzerland became the eighth member of the WTO, which began a process against the fees of the United States in the framework of this organization.
According to the established procedure, the United States has 60 days to settle the dispute. In the first stage of dispute settlement procedure in the WTO consultations of the parties, which involve the search parties to the dispute mutually acceptable solutions to settle the problem. If agreements are not reached, will Switzerland be able to appeal directly to the WTO request establishment of a panel of arbitrators, which will be tasked to review the case.
According to the Customs service of Switzerland, in 2017 the total volume of exports of goods and services amounted to 295 billion Swiss francs, of which the share of metals had only 14 billion francs.
Earlier, a complaint against the U.S. decision on fees to the WTO has asked Russia, China, India, Canada, Mexico, Norway and the European Union.
The US President Donald trump has signed a decree on the introduction of fees in the amount of 25% for steel and 10% aluminum 9 Mar. The decision was taken following the results of investigation of the Ministry of Commerce, which concluded that the import of these metals threatens “national security” of the country, undermining the position of American metallurgists.
OTV news Telegram. Subscribe to our channel https://t.me/korrespondentnet