US asks for WTO action against Argentina

The move comes as the United States and Argentina are locked in a bitter fight over $1.3 billion in debt that Argentina owes to international creditors — including New York funds — following its default a decade ago. A federal judge in New York ruled late last month that Argentina must pay the entire amount by Dec. 15.

The House Foreign Affairs Committee's Western Hemisphere panel last week approved legislation to shut Argentina out of U.S. capital markets. Democrats objected because the issue is making its way through U.S. courts.

Thursday's announcement comes after the United States and Argentina held unsatisfactory consultations in September. The European Union, Mexico and Japan have already requested the establishment of WTO panels aimed at Argentinian trade practices.