eu blocks russian wto complaint over trade duties
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

EU blocks Russian WTO complaint over trade duties

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice EU blocks Russian WTO complaint over trade duties

Novolipetsky metallurgical plant in Lipetsk
Geneva - AFP

The European Union has blocked a challenge by Moscow at the WTO to duties its slaps on Russian goods, trade sources said Wednesday.
With Moscow locking horns with Brussels and other Western capitals over a raft of issues at the World Trade Organization, the EU exercised its right to stop the global body from being called in to make a ruling.
Under the regulations of the WTO, however, all Moscow need do is file a second request for the creation of a dispute settlement panel.
Russia accuses the EU of violating global free trade measures by hitting its steel and fertiliser makers with "energy adjustment" tariffs, in force since 2002.
WTO members are allowed to impose extra duties when goods are being "dumped" on them or sold at below market prices to grab business.
But they must prove that their domestic producers are suffering as a result of dumping, and that they are not simply deploying duties to hobble foreign firms' trade.
Russia argues that the anti-dumping tariffs have been applied unfairly, making it impossible for Russian companies to export to EU markets, causing annual losses of hundreds of millions of dollars.
Russia joined the WTO in August 2012, after accession negotiations lasting for more than a decade.
The tariff complaint, filed in December last year, was the first it made after entering the Geneva-based body that oversees respect for the rules of international commerce.
Russia has also hit the EU with a WTO complaint over Brussels' energy market reforms, which it says hurt its gas giant Gazprom.
Brussels, in turn, has asked the WTO to rule on Russia's "recycling fee" imposed on cars, trucks, buses and other vehicles, and which applies only to imports not domestic-made models.
The two sides are also wrangling at the WTO over embargoes on a string of goods from ex-communist countries, several of which are now members of the 28-nation EU.
Since joining the WTO, Russia has imposed bans on dairy products, chocolates, wine and meat from countries including Lithuania, Poland, Moldova and Ukraine.
Moscow has cited quality concerns that allow countries to take such a step under WTO rules. Critics say Russia offers little scientific evidence and claim the bans are political, hitting countries that refuse to toe their Soviet-era master's line.
After a complaint is filed, member economies try to resolve their differences in direct talks, but generally turn back to the WTO.
The WTO's disputes settlement process can last for years, amid appeals, counter-appeals and compliance assessments.
Its panels of independent trade and legal experts can authorise retaliatory trade measures by the wronged party.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu blocks russian wto complaint over trade duties eu blocks russian wto complaint over trade duties

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu blocks russian wto complaint over trade duties eu blocks russian wto complaint over trade duties

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 17:49 2013 Tuesday ,21 May

New and unique gigs in awe-inspiring locations

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 11:10 2013 Wednesday ,19 June

Qadiwi denies coach snub

GMT 09:20 2017 Tuesday ,10 October

Yemen government calls for releasing 8 fishermen

GMT 08:43 2017 Wednesday ,15 March

Saber Al Robaei celebrates birthday with family

GMT 14:03 2018 Saturday ,13 January

IGCF to Debate Impact of Digital Age

GMT 08:42 2017 Thursday ,24 August

France seeks UN force in Lebanon's extension

GMT 13:33 2012 Thursday ,20 September

Mohammed bin Rashid tours DEWA

GMT 07:30 2016 Tuesday ,02 February

Iraq oil exports up but revenue plunges on low prices

GMT 17:31 2015 Wednesday ,23 December

Man vs machine: Robot plans to beat 80% students in exam

GMT 11:06 2013 Tuesday ,01 October

New York spreading wireless access across city

GMT 10:07 2016 Tuesday ,27 December

Huge crowd joins Mexican teen's party

GMT 21:02 2013 Thursday ,12 December

Canada needs a revolution in math education
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice