Argentina files complaint to WTO over EU biodiesel import duties

Argentina on Thursday filed a complaint with the World Trade Organization over the European Union's decision to slap anti-dumping duties on the South American country's biodiesel.

The EU's move dealt a fresh blow to the world's No.1 biodiesel supplier Argentina, whose industry had already been hurt by previous restrictions imposed by the bloc while it investigated whether Argentina was "dumping" biodiesel, or selling it at below the cost of production, in Europe.

Argentina's Foreign Ministry called the duties "protectionist" and said the European bloc was seeking to shelter inefficient local producers.»