Aus­tria sues over GATT, Bar­clays de­nies ru­mours

Financial Mirror (Cyprus) - - FRONT PAGE -

Aus­tria plans to sue Cyprus over vi­o­la­tions of free trade rules and slap­ping im­port du­ties on con­sumer goods and food­stuff just af­ter the GATT ac­cord was signed, while in the bank­ing sec­tor Bar­clays de­nied ru­mours the OBU was aban­don­ing the is­land, ac­cord­ing to the is­sue 145, on Jan­uary 17, 1996.

GATT wars:

Soon af­ter Cyprus re­luc­tantly signed the GATT ac­cord for free trade, Aus­tria is ex­pected to take le­gal ac­tion af­ter the is­land slapped

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