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Politics 2020-06-15T06:44:09+03:00
Ukrainian news
Ukraine Asking WTO To Set Up Expert Group Within Dispute With Russia On Limitation Of Transit Of Ukrainian Com

Ukraine Asking WTO To Set Up Expert Group Within Dispute With Russia On Limitation Of Transit Of Ukrainian Commodities

Russia, Ukraine, WTO, transit, commodities

Ukraine has asked the World Trade Organization (WTO) to set up an expert group within the framework of settlement of the dispute with the Russian Federation on the limitation of the transit of commodities from the Ukrainian territory through Russia to third countries.

Ukrainian News Agency learned this from a statement made by the Ministry of Economic Development and Trade.

The demand to set up an expert group was sent to the WTO on February 9 under Dispute DS512 "Russia - Measures Concerning Traffic in Transit."

Some 79% of export supplies from Ukraine to Kazakhstan and 95% to Kyrgyzstan were affected from the RF restrictions and the partial ban.

The Economy Ministry commenced the process of settlement of the dispute within the WTO in respect of the said limitations as part of its efforts to counter Russia's aggression in the area of trade and with the aim of protecting Ukraine's interests and Ukrainian exporters.

The transit restriction caused USD 0.4 billion losses on the export of goods to Kazakhstan and Kyrgyzstan.

The Ministry is collecting material to prepare another lawsuit which will cover the numerous bans and restrictions on the import of Ukrainian goods.

As Ukrainian News Agency earlier reported, Ukraine in September 2016 commenced the procedures within the WTO to challenge the transit restrictions imposed by Russia in 2016.

Decree No.319 of the President of Russia of July 1, 2016 which amended Decree No.1 of the President of Russia of January 1, 2016, entitled "On Measures to Protect the Economic Security and National Interests of the Russian Federation during International Transit of Goods from Ukraine to the Republic of Kazakhstan through the Territory of the Russian Federation," was made public on July 3, 2016.

This decree introduced additional restrictions on transit of goods originating in Ukraine through the territory of Russia.

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