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The WTO confirmed Russia's victory in a dispute with Ukraine

2019-09-12T14:35:35.181Z

The appeals body of the World Trade Organization (WTO) confirmed the arbitration decision on Russia's victory in a dispute with Ukraine on duties on ammonium nitrate.


It is reported by TASS.

In July 2018, the World Trade Organization (WTO) panel recognized Russia was right in a dispute with Ukraine regarding the use by the Ukrainian side of anti-dumping measures against Russian-made ammonium nitrate.

The dispute was initiated by the Russian side in 2015.

Ukraine appealed the decision of the World Trade Organization (WTO).

Ukraine in July 2014 more than tripled the duties on the import of ammonium nitrate from Russia (from 11.91 to 36.03%) and extended their validity by another five years.

Russia filed a lawsuit in the WTO, saying that Kiev’s duties violate the WTO’s anti-dumping agreement.

Source: russiart

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