Argentina: Proposal to Nationalize Controlling Interest in Repsol-YPF

Taken Question
Office of the Spokesperson
Washington, DC
April 16, 2012

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.

PRN: 2012/587