Arab Today, arab today eu requests wto panel with russia over vehicle exports
Last Updated : GMT 03:54:11
Arab Today, arab today
Arab Today, arab today

EU requests WTO panel with Russia over vehicle exports

Arab Today, arab today

Arab Today, arab today EU requests WTO panel with Russia over vehicle exports

Brussels - XINHUA

The European Union (EU) on Thursday requested the establishment of a dispute settlement panel at the World Trade Organization (WTO) to rule on the legality of the \"recycling fee\" which Russia imposes on imported vehicles. This is the next step under WTO litigation procedures, after the EU has held formal consultations with Russia in July this year, the European Commission said in a statement on its website. The fee, which the EU considers as discriminatory, has a \"severe impact\" on EU vehicle exports to Russia, worth 10 billion euros (about 13.5 billion U.S. dollars) a year, the Commission said. The EU said it sent the request after failing to solve the issue through discussions in bilateral talks with Russia and in formal WTO consultations. \"We\'ve used all the possible avenues to find with Russia a mutually acceptable solution\", said EU Trade Commissioner Karel De Gucht. \"As the fee continues to severely hamper exports of a sector that is key for Europe\'s economy, we are left with no choice but to ask for a WTO ruling to ensure Russia complies with its international obligations,\" he added. An official of Russia\'s Economy Ministry was quoted by a Russian news agency that \"it was disappointed the EU had gone to arbitration.\" \"We have expressed our serious disappointment at this decision. We are puzzled and don\'t understand it,\" Maxim Medvedkov, head of the ministry\'s trade department, told Interfax news agency. Medvedkov said Russia had hoped to resolve the dispute through consultations, but that the EU had ignored its proposals. The WTO Dispute Settlement Body (DSB) will discuss the EU\'s request for the establishment of a panel when it meets on Oct. 22, 2013. At that meeting, Russia has the right to object to the establishment of the panel. But if the EU raises the issue again at the following DSB meeting in November, Russia will be unable to block the request for a second time, said the European Commission.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu requests wto panel with russia over vehicle exports Arab Today, arab today eu requests wto panel with russia over vehicle exports

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu requests wto panel with russia over vehicle exports Arab Today, arab today eu requests wto panel with russia over vehicle exports

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday