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Information publication Russia can withdraw from the WTO because of a suit of the European Union
January 09 2018

Russia can withdraw from the WTO because of a suit of the European Union

  
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Russia can withdraw from the WTO because of a suit of the European Union

Russia can withdraw from the World Trade Organization (WTO) in case of satisfying the EU's claim to recover 1,39 billion euros per year from Russia because of the restriction of pork imports, the very fact of imposing EU sanctions against Russia completely contradicts the principles of the WTO, RIA Novosti said on Sunday the first deputy head economic committee of the Council of Federation Sergey Kalashnikov.
In the Council of Federation, the EU's lawsuit was called "lawlessness" because of the ban on the import of pork
Previously, Politico became aware that due to the restriction of pork imports, the European Union intends to recover from Russia 1,39 billion euros per year, the WTO has already sent a claim to Brussels to the arbitration court. It is noted that the required compensation equals the total value of exports of pork from the EU to Russia in 2013. It is planned that the amount of penalties each year will increase by 15%.
"Sanctions are not at all in accordance with the rules of the World Trade Organization," said Kalashnikov.
He stressed that the EU's introduction of sanctions against Russia and the reciprocal embargo on food supplies from the EU are absolutely outside the logic of the legislation related to the WTO.
"If the EU's suit is satisfied, we probably will have to limit our participation in the World Trade Organization, possibly completely," the senator believes.
Kalashnikov also stressed that Europeans were the first to violate WTO rules, using the sanctions policy against our country.
Rosselkhoznadzor from 30 January 2014 banned the supply of pig production products from the EU to Russia before obtaining security guarantees from the European Commission. The decision was made after the outbreak of African swine fever was recorded in Lithuania. In mid-February, one more ASF focus was identified in Poland. In the EU, this ban was called disproportionate and sent a request to the WTO to form an expert group to resolve the dispute over the Russian ban on the importation of pig products from EU countries.

RIA News

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