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Russia, Japan in dialogue to mitigate risks related to US duties

The United States introduced higher duties on steel (25%) and aluminum (10%) from July 1

© Anton Novoderezhkin/TASS

EKATERINBURG, July 10. /TASS/. Representatives of Russia and Japan hold dialogue to mitigate the adverse impact of US duties on the bilateral trade, Russian trade representative in Tokyo Sergei Egorov told TASS in an interview on Tuesday.

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"Russia and Japan follow WTO rules and the maximum possible elimination of obstacles to free movement of goods and services and capital flows," Egorov said.

"As far as Japan is concerned, this is its traditional approach, the universal modus vivendi on international markets," the trade representative said. "Any actions introducing artificial restrictions cause negative response with the business. We attempt to hold bilateral consultations in this regard for the purpose of mitigating the adverse impact of such measures on bilateral trade," Egorov added.

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