WTO finds against Peru in farm duties case
GENEVA, Nov 27 (Reuters)- A World Trade Organisation dispute panel ruled on Wednesday that Peru was violating global trade rules in imposing additional duties on key agricultural products when their international prices fell below a set floor.
The case was brought to the WTO last April by Guatemala, which argued that its exports to Peru had suffered under the measure that is intended to protect Peruvian farmers from turbulence on global commodity markets.
The commodities affected were rice, sugar, corn, milk and a range of milk products.
