Date: 5 months ago   Category: Economy

Russia in November will repeatedly request establishment of arbitration group of the WTO on a dispute with the USA — Rambler News Service


Russia will repeatedly request establishment of arbitration group of the WTO for consideration of a dispute over tariffs for steel and aluminum in November, have reported in the press service of the Ministry of Economic Development. "As well as it was supposed, the USA has blocked establishment of arbitration group of the WTO for consideration of a dispute over tariffs for steel and aluminum today. Russia intends to request repeatedly establishment of arbitration group in November. Then the group will be founded automatically, the right won't be blocked by this decision the second time at the USA" — it is said in the statement of department. Earlier in the Ministry of Economic Development have reported that Russia has given on October 18 request for establishment of arbitration group in a dispute with the USA to the WTO. The MEDT then has explained that establishment of arbitration group is requested after a stage of formal consultations which within it disputes were held on August 30. The USA has introduced additional duties on steel (25%) and aluminum (10%) in March of this year. They are applied to import from all countries, except Australia and Argentina. Import from Brazil and South Korea is excluded only from under action of duties on steel.

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