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Guatemala, Peru Settle WTO Dispute on Peru's Duties Covering Agricultural Products

Guatemala and Peru told the World Trade Organization on April 23 that they resolved a dispute brought by Guatemala against Peru's additional duties on imports of certain agricultural products. The Guatemalan government said Peru "has adopted the necessary measures to…

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comply with the recommendations and rulings" of the Dispute Settlement Body. Specifically, the dispute concerned Peru's variable additional duties on agricultural products, which were calculated under a price band system. A DSB panel previously found that Peru's duties violate WTO commitments.