argentina - measures affecting the importation of goods

Communication from Argentina and the European Union concerning
Article 21.3(c) of the DSU

The following communication, dated 12 March 2015, from the delegation of Argentina and the delegation of the European Union to the Chairperson of the Dispute Settlement Body, is circulated at the request of these delegations.

______________

At its meeting on 26 January 2015, the Dispute Settlement Body ("DSB") adopted its recommendations and rulings in the dispute Argentina — Measures Affecting the Importation of Goods (DS438). At the meeting of the DSB held on 23 February 2015, Argentina announced its intention to implement the DSB’s recommendations and rulings in this dispute and stated that it would need a reasonable period of time in which to do so.

Article 21.3(c) of the Understanding on Rules and Procedures Governing the Settlement of Disputes ("DSU") provides that, in the absence of an agreement between the parties on a period of time, the reasonable period of time shall be determined "through binding arbitration within 90 days after the date of adoption of the recommendations and rulings."

In order to allow sufficient time for the parties to discuss a mutually agreed period, Argentina and the European Union (i) agree that, in the event an arbitration under Article 21.3(c) of the DSU is requested, it shall be completed no later than 60 days after the date of the appointment of an arbitrator, unless the arbitrator, following consultation with the parties, considers that additional time is required; and (ii) hereby confirm that any award of the arbitrator (including an award not made within 90 days after the date of adoption of the DSB recommendations and rulings) shall be deemed to be an award of the arbitrator for the purposes of Article 21.3(c) of the DSU in determining the reasonable period of time for Argentina to implement the recommendations and rulings of the DSB.

__________