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EU wins WTO challenge against Russian import duties

Many of the EU's arguments were rejected by a WTO adjudication panel last year, but the WTO's appellate body reversed several of the points that the EU had lost previously.


Reuters Germany
Updated: 22-03-2018 21:59 IST
EU wins WTO challenge against Russian import duties

The WTO said it had been notified of the dispute and request for WTO consultations. (Image Credit: Reuters)

The European Union largely won a World Trade Organization appeal ruling on Thursday in a dispute over Russia's anti-dumping duties on German and Italian light commercial vehicles.

Many of the EU's arguments were rejected by a WTO adjudication panel last year, but the WTO's appellate body reversed several of the points that the EU had lost previously.

Russia had imposed duties of 29.6 percent on German van imports and 23 percent on imports from Italy in 2013, claiming they were unfairly priced to undermine Russian producers.

It is worth mentioning in the context that Russia appealed to the World Trade Organization in January to settle a dispute with the European Union over anti-dumping duties imposed on its steelmakers, one of a number of trade disputes between the two.

The EU introduced duties in August of between 18.7 and 36.1 percent on Russian cold rolled steel, a product used in the construction and automotive industries, following allegations Russian steelmakers were exporting at unfairly low prices.

It also imposed duties on Chinese cold rolled steel.

The WTO said it had been notified of the dispute and request for WTO consultations.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : GermanyItalyRussian Federation

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