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Colombia files WTO complaint against Venezuela over trade policies

Economy
Colombia filed on Monday a complaint with the World Trade Organization (WTO) over Venezuela measures affecting exports of agricultural products, which represents 17 percent of sales of the South American country. The complaint will worsen the fragile relations between the two countries.

Venezuela's President Hugo Chávez ordered to "reduce to zero" binational trade, which in 2008 reached a record high of USD 7 billion, to protest against the military agreement signed between Bogotá and Washington allowing access of US military troops to Colombian bases.

Colombia argued that sanitary and phytosanitary measures affecting the sales of meat, eggs, chicken, coffee, cattle on the hoof, fruits and vegetables were neither reported timely through official channels nor notified to the WTO.


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