By Julian Pecquet - 12/06/12 03:39 PM EST
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.