DS: Brazil — Measures Affecting Payment Terms for Imports

This summary has been prepared by the Secretariat under its own responsibility. The summary is for general information only and is not intended to affect the rights and obligations of Members.


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Summary of the dispute to date

The summary below was up-to-date at


Complaint by the European Communities.

On 9 January 1998, the EC requested consultations with Brazil in respect of measures affecting payment terms for imports allegedly introduced by the Central Bank of Brazil. The EC contended that these measures violate Articles 3 and 5 of the Agreement on Import Licensing Procedures.


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