Russia promises to complain to WTO about US import metal duties - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia promises to complain to WTO about US import metal duties

MOSCOW, Apr 3 (PRIME) -- Russia plans to file a complaint to the World Trade Organization (WTO) against WashingtonТs decision to introduce import duties on steel and aluminum, but does not plan any direct countermeasures, Deputy Industry and Trade Minister Viktor Yevtukhov told reporters on Tuesday.

УThe issue here is not only in introduction of retaliatory duties, there is a negotiation process going on here. That was the first thing. The second thing here is that there is a dispute settlement body within the WTO, and we can file a complaint there. I am sure that our country will file it. We wonТt necessarily introduce retaliatory duties,Ф Yevtukhov said.

In March, the U.S. imposed a 25% duty on steel and a 10% duty on aluminum imported from all over the world. Introduction of duties on imports from Argentina, Australia, Brazil, Canada, Mexico, South Korea, and the E.U. was delayed until May 1. On Monday, China responded by slapping duties on 128 goods imported from the U.S.


03.04.2018 11:28
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 75.5841 -0.0489 19 jan
USD 66.3309 -0.1129 19 jan
Stock Market Indices
1D 1W 1M 1Y
rtsi 1176.42 +1.67 18:50 18 jan
micex 2473.61 +1.06 18:50 18 jan
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 159.20 +1.34 18:49 18 jan
lkoh 5193.50 +0.17 18:49 18 jan
rosn 419.70 +0.91 18:48 18 jan
sber 208.44 +2.52 18:49 18 jan
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 75.6150 -0.1575 14:59 18 jan
USDTD 66.3225 -0.2800 17:44 18 jan