Categories
· Cross-Border/Crime
· Tax
non-USA, by Country
· Philippines
· Thailand
Organizations
· Wto
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Jump to full article: Business World (ph), 2009-11-09
Intro: PHILIPPINE and Thai negotiators late last week resumed their second hearing on an ongoing trade dispute over cigarette duties, the Manila delegation said in a statement over the weekend.
The dispute process had been held up when the World Trade Organization (WTO), which arbitrates the case, had to make way for the resumption of talks seeking to forge a global trade pact.
The Philippines, at the hearing last Nov. 4-6, reiterated claims that Thai tax policies on foreign-made cigarettes violate WTO rules as they unfairly favor domestic industry, the statement read.
A ruling from an international panel led by Brazil WTO representative Roberto Acevedo is expected early next year, the statement read further.
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