EU Rejects Russian Anti-Dumping Duty Challenge

30/06/2014 12:00 - 474 Views

The European Union rejected on June 18, 2014, a request by Russia for the establishment of a World Trade Organization (WTO) dispute settlement panel to examine the EU's anti-dumping measures on imports from Russia.Russia requested the establishment of a panel on this dispute, saying that certain EU anti-dumping measures and "cost adjustment" methodologies used by the EU for the calculation of dumping margins severely hampered trade and raised systemic concerns. In Russia's view, the measures are inconsistent with a number of WTO Agreements.Consultations were held in February and April 2014 but did not resolve the matter, hence Russia's request. The EU said that Russia's allegations were unfounded and that it was in full compliance with the WTO Agreements, and therefore could not agree to establishment of the panel.

June 26, 2014

Source: Tax News