EU Requests WTO Consultations Over Russia's Export Restrictions on Wood Products
The European Union requested consultations at the World Trade Organization with Russia over its export restrictions on wood products, the European Commission said in a Jan. 20 news release. The protectionist measures include upping export duties on certain wood products…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
and limiting wood exports to only one border crossing point. If consultations fall through, the EU can request a dispute settlement panel. The EU is alleging that these two steps run contrary to Russia's WTO commitments. For instance, Russia pledged to keep a maximum duty rate for certain quantities of exports at 13% or 15%, and then withdrew the tariff rate quotas and applied export duties of 80%, the commission said. The commission further said that by restricting the border crossing points for wood exports to one -- Luttya in Finland -- Russia violated a WTO rule that forbids action that inhibits the use of existing border crossing points that are technically capable of handling such exports.