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Max Planck Encyclopedia of Public International Law [MPEPIL]

Peru – Agricultural Products Case

Pedro A Villarreal

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 21 April 2024

Regional trade — Specific trade agreements — Tariffs — Good faith

Published under the auspices of the Max Planck Institute for Comparative Public Law and International Law under the direction of Professor Anne Peters (2021–) and Professor Rüdiger Wolfrum (2004–2020). 

1 In Peru – Agricultural Products, the Dispute Settlement Body (‘DSB’) of the World Trade Organization (WTO) dealt with the compatibility of a national price stabilization mechanism with Art. 4.2 Agreement on Agriculture, as well as with Art. II:1 (b) General Agreement on Tariffs and Trade (‘GATT’ or ‘GATT 1994’) (General Agreement on Tariffs and Trade [1947 and 1994]). The challenged mechanism was very similar to the one in Chile – Price Band System, so multiple arguments were re-introduced. Both cases reflect WTO Members’ diverging views on the conformity of...
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