RSS   Newsletter   Contact   Advertise with us

Russia to appeal to WTO against EU’s anti-dumping duties

Staff Writer | January 30, 2017
Russia has filed an appeal to the World Trade Organization (WTO) against EU’s anti-dumping duties on Russian cold-rolled steel, according to a note posted on the Economic Development Ministry’s official Facebook account.
World Trade Organization
Trade dispute   An appeal to the World Trade Organization
"On January 27, 2017 the Russian Federation requested consultations with the European Union within the WTO dispute resolution procedure related to the EU’s anti-dumping measure against Russia’s cold-rolled steel.

"Multiple violations of WTO regulations made by the European Commission during the anti-dumping investigation were the reason behind the claim," the report said, and TASS reports.

In August 2016, the European Union imposed five-year anti-dumping duties on cold-rolled steel from Russia. The sanctions concerned the country’s biggest metal producers (anti-dumping duties amount to 18.7% for MMK, 34% - for Severstal and 36.1% for the rest of companies).