Beef Council votes in favour of agreement on WTO dispute with US
Under the agreement reached in June, the three countries were granted the remaining difference as a duty-free free trade quota for beef. There are no plans to allocate the remaining quota between these countries. Last month, the EU Commission succeeded in obtaining the agreement of Argentina, Uruguay and Australia on this issue, thereby securing the entire agreement under WTO law for the next eleven years.
Moreover, the agreement with the Mercosur states, which include Argentina and Uruguay, and the ongoing talks with Australia did not contain any commitments related to the current agreement. If the three countries had not agreed to this compromise, the entire free trade quota granted so far by the EU would have been withdrawn, according to the June negotiations. But then there would have been no solution to the 30-year dispute with the USA. The agreement is now to be signed as soon as possible in Brussels.