The Dispute Settlement Body (DSB) of the World Trade Organization (WTO) supported the EU claims to Russia regarding imposition of the import duties on certain agricultural and manufacturing products, including palm oil, the press-service of the WTO informed.
According to the announcement, the WTO specified that the reporting customs duties exceed those Russia agreed to when it joined the WTO as the Member State. This is the first case ever decided in the WTO against Russia.
The WTO activated the dispute settlement procedure after the EU claims in 2014. (APK-Inform/Business World Magazine)
