Several top Russian officials have suggested the country should suspend its WTO membership, should its arbitration panel decide to fine Russia for introducing pork import restrictions towards the EU in 2013. The top officials can be found in the Federation Council, the upper chamber of Russia’s parliament. For instance Sergey Kalashnikov, deputy chairman of the council’s Economic Committee, was quoted as saying Russia would have to refrain from participation in theWorld Trade Organization(WTO), ‘probably completely’, if the WTO court would agree with the demands of the European Union (EU).“Russia should protect its interests” He. Read more...
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