Russia Substantially Increases Tariffs, EU Proposes Arbitration

Recently, the EU called for the establishment of an arbitration panel to solve the Russian tariff problem. This request has been rejected by Russia. According to sources, Russia's tariff increases are not related to EU sanctions. After the crisis, the European Union banned the use of dual-use goods, especially high-tech goods, to Russia, but still allowed the export of goods of low technology, such as paper products and palm oil, to Russia. However, Russia has imposed high import tariffs on these commodities.

Foreign media "sputniknews.com" recently reported that the EU requested the establishment of an arbitration panel to study and solve the tariff treatment of some agricultural products and manufacturing products. This request was rejected.

　　 European Union Russia is accused of imposing high tariffs on some products, including paper products, refrigerators and palm oil. According to sources, in late February, the European Union drew up a dispute settlement panel to show that the high import tariffs "seriously affect EU trade" and "have a negative impact on the economy."

The two sides held formal WTO consultations on disputes in November 2014, but the dispute has not yet been resolved.

The source added that the EU demanded the establishment. arbitration Russia regrets the group's work, and Moscow is looking for practical solutions to resolve them as far as possible.

The EU will make a request to the second time in March 25th.

In August 2012, Russia joined in. He has repeatedly pointed to Moscow and did not fulfill the responsibilities of members.

From the web site, we can see that the European Union and its third largest companies are Trading partner Russia has at least four disputes.

There have been two disputes between Russia and the European Union. For the first time, in late 2013, Russia disputed the EU anti-dumping measures against some products imported from Russia, including ammonium nitrate and iron and steel products. The second occurred in April 2014, and Russia complained about the EU's "third energy reform plan".

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