Russia has indicated a potential new legal salvo in its trade war with Ukraine and the European Union, telling the World Trade Organization that a trade deal between Kiev and Brussels breaks the rules by penalizing Russia.
Minutes of a June 29 meeting of the WTO’s committee on regional trade agreements, published on Tuesday, record Russia’s representative as saying the EU-Ukraine free trade agreement was “an exemplary case of a situation where a free trade area worsened trade conditions for other trading partners”.
That meant it was a breach of the WTO rules, which say that free trade areas should encourage trade …read more
Source: Voice of America
