Argentina: Nationalize Controlling Interest in Repsol-YPF
Argentina: Proposal to Nationalize Controlling Interest in Repsol-YPF
Taken Question
Office of the Spokesperson
Washington, DC
Question Taken at the April 16, 2012 Daily Press Briefing
April 16, 2012
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QUESTION: Has the United States filed a WTO complaint against Argentina for plans to nationalize Spanish/U.S.-owned oil company YPF?
ANSWER: We are aware that Argentine President Cristina Fernandez de Kirchner proposed a draft law to nationalize a controlling interest in oil energy company Repsol-YPF. We are following developments on this issue. We are not currently aware of any WTO complaints related to this issue.
ENDS