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A Senior Russian Economic Development Ministry official stated that the WTO is likely to decide on Russia’s lawsuit against the EU over its domestic energy market legislation this fall.
MOSCOW (Sputnik) — The World Trade Organization (WTO) will likely issue decisions on Russia’s lawsuit filed against the European Union over its domestic energy market legislation this fall, a senior Russian Economic Development Ministry official told Sputnik.
“We are waiting for the arbitrators’ decision in the dispute over the EU’s third energy package in the fall,” head of the ministry’s trade negotiations department Maksim Medvedkov said in an interview.
Russia has three lawsuits pending against the European Union, including one over the EU’s Third Energy Package, adopted in 2009.
The package, aimed at regulating the EU gas and electricity market, prohibits companies from both owning and operating a gas pipeline, a condition Moscow says hinders a stable supply of Russian gas to Europe.
Moreover, Russia is preparing to request the World Trade Organization (WTO) to form an arbitration body on the European Union’s anti-dumping duties imposed on Russian cold-rolled steel, a senior Russian Economic Development Ministry official told Sputnik.
“Consultations were held in the WTO in early June. We are preparing a request for the establishment of an arbitration group,” head of the ministry’s trade negotiations department Maksim Medvedkov said in an interview.
Earlier in August, the EU imposed five-year tariffs as high as 36.1 on Russian producers of non-stainless steels, based on the conclusion that Russian imports unfairly undercut manufacturers in Europe.