Guatemala, Peru Settle WTO Dispute on Peru's Duties Covering Agricultural Products

Guatemala and Peru told the World Trade Organization on April 23 that they resolved a dispute brought by Guatemala against Peru's additional duties on imports of certain agricultural products. The Guatemalan government said Peru "has adopted the necessary measures to comply with the recommendations and rulings" of the Dispute Settlement Body. Specifically, the dispute concerned Peru's variable additional duties on agricultural products, which were calculated under a price band system. A DSB panel previously found that Peru's duties violate WTO commitments.