The following is excerpted from an 8 November 2012 news item by the World Trade Organization.
The European Union and 10 Latin American countries signed an agreement on 8 November 2012 settling the longest-running series of disputes in the history of the multilateral trading system.
“This is a truly historic moment,” said WTO Director-General Pascal Lamy. “After so many twists and turns, these complicated and politically contentious disputes can finally be put to bed. It has taken so long that quite a few people who worked on the cases, both in the Secretariat and in member governments have retired long ago.”
This item is available in its entirety at:
http://www.wto.org/english/news_e/news12_e/disp_08nov12_e.htm