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World Trade
Organization WT/DS155/10
31 August 2001 (01-4175)
ARGENTINA – MEASURES AFFECTING THE EXPORT OF
BOVINE HIDES AND THE IMPORT OF FINISHED LEATHER
Arbitration
under Article 21.3(c) of the
Understanding on Rules and Procedures
Governing the Settlement of Disputes
Award of the Arbitrator
Florentino P. Feliciano
Introduction
On 16?February?2001, the Dispute Settlement Body (the DSB) adopted the Panel Report? in Argentina – Measures Affecting the Export of Bovine Hides and the Import of Finished Leather (Argentina – Hides and Leather). At the DSB meeting of 12 March 2001, Argentina informed the DSB, pursuant to Article?21.3 of the ?Understanding on Rules and Procedures Governing the Settlement of Disputes?(the DSU), that it would implement the recommendations and rulings of the DSB in this dispute and that it would require a reasonable period of time to do so, under the terms of Article?21.3 of the DSU.
In view of its inability to reach an agreement with Argentina on the period of time reasonably required for implementation of those recommendations and rulings, the European Communities requested that such period be determined by binding arbitration pursuant to Article 21.3(c) of the DSU.
By joint letter of 12 June 2001, Argentina and the European Communities notified the DSB that they had agreed that the duration of the reasonable period of time for implementation should be determined through binding arbitration, under the terms of Article 21.3(c) of the DSU, and that I should act as Arbitrator. The parties also indicated in that letter that they had agreed to extend the time-period for the arbitration, which shall be completed no later than 90 days after the date of the appointment of the arbitrator. Notwithstanding this extension of the time-period, the parties stated that the arbitration award would be deemed to be an award made under Article?21.3(c) of the DSU. My acceptance of this designation as Arbi
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