The Netherlands achieves victory in potato war with Colombia

Colombia may not levy import tax on frozen fries from the Netherlands, Belgium and Germany, the World Trade Organization (WTO) has decided in a case brought by the EU. The South American country found that the three European countries sold their frozen fries at dump prices (below the market price) on the Colombian market. This would lead to unfair competition and disadvantage local fries suppliers. That was reason for the Colombian government to levy import taxes on European products. But according to the EU, there is no question of dumping prices at all. Brussels therefore approached the WTO to get the levies off the table. That organization already announced in October that the levies are not allowed, because there would be no dumping. Colombia resisted this, but is now again losing ...