Pakistan takes EU to WTO over PET trade


FE Team | Published: November 06, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



GENEVA, Nov 5 (Reuters): Pakistan launched a trade dispute at the World Trade Organisation (WTO) on Wednesday to challenge the European Union's punitive duties on Pakistani exports of polyethylene terephthalate (PET), the WTO said in a statement.
Pakistan says the EU has broken WTO rules in the way that it imposed anti-subsidy duties on PET, which is used in synthetic fibres, plastic bottles and food containers.
Under WTO rules, the EU has 60 days to try to settle the dispute in direct talks, after which Pakistan could escalate the issue by asking the WTO to set up a panel to adjudicate.

Share if you like