Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
WTO to Probe Turkey's Rice Import Rules
GENEVA - The World Trade Organization on Friday set up a panel to investigate U.S. allegations that Turkey is unfairly restricting imports of U.S. rice, officials said.

Washington announced it was bringing the case to the global commerce body in February after it said three months of consultations had failed to settle the dispute. The WTO requires the consultations before a settlement panel can be established.

The United States said Friday that it "has serious concerns regarding Turkey's restrictions on the importation of rice."

Turkey told the WTO's dispute settlement body it was still open to cooperation and hoped to reach a negotiated agreement.

"Our preference has always been to settle this issue between the two parties as early as possible," Turkey said, adding that it "regrets that U.S. has decided to reintroduce its request for the establishment of a panel."

U.S. Trade Representative Rob Portman (news, bio, voting record)'s office said last month the case had to be brought to the 149-member WTO because Turkey's rice imports are restricted by tariff-rate quotas that permit the lower tariff levels only if Turkish importers also buy significant quantities of domestic rice.

"These measures, which have restricted the import of rice to Turkey from the United States and many other (WTO) members, appear to be inconsistent with several provisions of the WTO agreements," the U.S. told the dispute settlement body.

The U.S. said, however, that it would continue discussions alongside WTO litigation to reach "a mutually agreed solution."

The administration estimates that Turkey's domestic rice market could be worth more than $200 million this year. Portman said the United States had tried for three years to settle the problem but failed.
MGR Archive 19.3.2006
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice