The economic development Ministry has denied the information about Russia’s plans to withdraw from the WTO

The economic development Ministry has denied the information about Russia’s plans to withdraw from the WTO

Russia not going to withdraw from the world trade organization (WTO) over a dispute about restricting the import of pork from the EU. Information about this was circulated by the press service of the Ministry of economic development on Monday, January 8.

“The issue of Russia’s withdrawal from the WTO is currently the competent Russian authorities have not considered”, — quotes the message of “RIA Novosti”.

The Agency added that membership in the world trade organization provides a predictable legal environment.

Earlier, on 8 January, the Director of the Department of trade negotiations Ministry of economic development Maxim Medvedkov reported that Moscow intends to convene a panel of WTO arbitrators to ensure that they are identified, fulfilled Russia their decision or not.

On 7 January, the Federation Council has threatened to exit from the WTO in response to the claim of the European Union in the amount of €1.4 billion for restrictions on imports of pork.

6 Dec portal iz.ru wrote that Russia has complied with WTO decisions on opening of import of live pigs, pork and other pig products from the EU. The ban on pork imports imposed in 2014, was insufficient veterinary control suppliers. After the lifting of the restrictions Moscow has decided not to continue the purchase because of the sectoral sanctions.

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