Connect with us

EU

#WTO confirms #Russia import duties violate WTO rules

SHARE:

Published

10 years ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

http://www.wto.org/english/forums_e/public_forum10_e/public_forum10_e.htmThe World Trade Organization has confirmed that Russian import duties on paper, refrigerators and palm oil violate its rules, following the dispute settlement procedure activated by the EU.

The import duties exceed those Russia agreed to when it joined the WTO. This is the first case ever decided in the WTO against Russia. Despite being a WTO member since August 2012, Russia has not yet fulfilled some of its commitments made before its accession.

This includes one of the WTO’s most fundamental rules, according to which its members must not apply customs duties in excess of the ‘bound rates’ they commit themselves to in their respective Schedules. The WTO panel fully agreed that Russia's customs duties on paper, refrigerators and palm oil are inconsistent with its WTO commitments.

More information on the DG Trade website.

Share this article:

Share this:
Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending