All WTO articles
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ArticleVehicle imports to Russia increase in the first quarter
Russia imported almost 67,000 finished vehicles during the first quarter 2018, up by just under 50% compared to the same period last year, according to a statement from the country’s Federal Customs Service. Imports over the period were equal to $1.65 billion.It is the first time in a decade that ...
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ArticleWTO court orders Russia to cut duties on European LCVs
The World Trade Organization’s dispute settlement association, the Appellate Body, has ruled Russian anti-dumping duties on light commercial vehicles (LCVs) imported from Germany and Italy illegal. The Russian federal government now has to lower the duties or face penalties.The EU expects Russia to remove the anti-dumping duties on LCVs altogether, ...
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ArticleWTO's trade facilitation agreement comes into force
A World Trade Organization (WTO) agreement supporting simpler and clearer procedures when it comes to imports and exports of goods came into force this week after the requisite amount of member countries agreed to implement it.Spread out over 12 articles, the Trade Facilitation Agreement (TFA) prescribes many measures to improve ...
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ArticleSMMT highlights implications of post-Brexit tariffs and Industry 4.0
The UK’s automotive trade association has estimated that tariffs on imported and exported finished vehicles could amount to £4.5 billion ($5.6 billion) a year, if Britain makes a clean break from the European Union.Earlier this evening, Gareth Jones, the outgoing president of the Society of Motor Manufacturers and Traders (SMMT), ...