Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
A number of WTO member states agreed with Russia's concerns about EU cross-border carbon regulation
5 April 2021 17:20

On 31 March – 1 April, the Council for Trade in Goods met again on the WTO platform. At the event, members discussed about 43 issues, the bulk of which were their trade complaints.

At the initiative of Russia, the meeting addressed the issue of the border carbon adjustment mechanism being developed by the European Union. The Russian position that protectionist measures under the pretext of combating climate change are unwarranted, and that such measures should be consistent with the EU's international obligations under both the WTO and the climate agreements, was supported by more than 20 members, representing over 40% of world trade, including the US, Canada, the PRC, India, Australia, Saudi Arabia and other Gulf countries, South-East Asia and Latin America countries. Russia's partners in the Eurasian Economic Union – Armenia, Kazakhstan and Kyrgyzstan – also supported Russia's concerns.

Other claims made by Russia to WTO members were the EU's classification of cobalt as a hazardous substance by all routes of entry, amendments to the EU basic regulation on protection against dumping imports, registration rules for exporters supplying goods into Egypt, restrictions applied by India and Mongolia to certain types of agricultural products and Angola's quantitative restrictions on imports of certain goods.

Russia was criticised, particularly by the EU and the US, for, among other things, establishing quotas and price preferences for procurements by companies with state participation, plans to restrict timber exports, and the current federal law on wine and winegrowing.

Дата публикации: April 5, 2021
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