WTO convokes panel over EU pork row despite Russia’s refusal - 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

WTO convokes panel over EU pork row despite Russia’s refusal

MOSCOW, Nov 21 (PRIME) -- The World Trade Organization (WTO) has convoked an arbitration panel over a pork dispute between Russia and the E.U. despite Russia’s blocking, the Economic Development Ministry said in a statement on Wednesday.

“As reported earlier, Russia blocked the establishment of an arbitration panel in the framework of a dispute “Russia: measures concerning imports of live pigs, pork and other pork products” at the first meeting of the authority for conflict resolution. Nevertheless, under the WTO rules, in case of a repeated application, it is established automatically,” the ministry said.

On January 30, 2014, the Russian veterinary authority prohibited imports of European pork products until receipt of safety warrants from the European Commission after an outbreak of African swine fever in Lithuania. The E.U. called the prohibition a disproportional measure and sent a petition to convoke an expert group over the disagreement to the WTO.

The prohibition on imports was removed in December 2017 on WTO request but supplies are still impossible due to a food imports ban introduced in retaliation for anti-Russian sanctions. The E.U. is asking the WTO for the right to suspend 1.39 billion euro trade-offs to Russia per year, Russia called the measure disproportionate.

End

21.11.2018 16:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.4730 -0.0872 07 may
USD 91.3124 -0.3794 07 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3436.05 -0.17 18:51 06 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.45 -1.13 18:49 06 may
lkoh 7971.00 -1.29 18:49 06 may
rosn 580.90 -0.24 18:49 06 may
sber 306.97 -0.18 18:49 06 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.1025 -0.4825 14:59 06 may
USDTD 91.1950 -0.2075 17:44 06 may