UPDATE: NZ, US escalate WTO action against Indonesia on import restrictions

Thu, 19 Mar 2015

(Adds comment from MFAT) By Tina Morrison March 19 (BusinessDesk) - New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions that led to the collapse in New Zealand beef exports to the southeast Asian country. New Zealand and the US have requested that a WTO dispute settlement panel look at the import barriers, kicking off a process that could lead to sanctions, Reuters reported, citing an announcement by US Trade Representative Michael Froman. Indonesia's import restric...

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