Martin Ferris (Kerry North, Sinn Fein)
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Question 150: To ask the Minister for Agriculture and Food if he will make a statement on the $1.8 billion claim for compensation against the EU lodged by the US with the WTO over alleged losses incurred during the EU moratorium on genetically modified imports from the US. [12639/04]

Joe Walsh (Cork South West, Fianna Fail)
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I understand that the United States has initiated dispute settlement proceedings rather than a claim for compensation, in the World Trade Organisation in a case entitled European Communities — Measures affecting the Approval and Marketing of Bio-Tech Products. The WTO panel that has been established to examine the case has not yet reported. The question of compensation, if at all, would only arise at a much later stage in the dispute settlement procedures.