Putin pleased with acting at Moscow's Maly drama theaterSociety & Culture March 23, 23:35
Former Russian MP killed in Kiev, killer dies in hospitalWorld March 23, 23:32
Russia's Channel One refuses to broadcast Samoilova's performance via satelliteSociety & Culture March 23, 21:52
Experts forecast Bank of Russia will keep key rate at 10%Business & Economy March 23, 21:13
Putin's aide explains why Russia has no fear of supplying S-400 systems to TurkeyRussian Politics & Diplomacy March 23, 20:42
British police identify Westminster attacker as Khalid MasoodWorld March 23, 20:03
Russia develops ‘grenade launcher-propelled’ reconnaissance droneMilitary & Defense March 23, 19:58
Ukraine forbids Russian Eurovision contestant to perform via satelliteWorld March 23, 19:35
Jehovah’s Witnesses in Russia suspended over extremismSociety & Culture March 23, 19:00
ST. PETERSBURG, May 24, 14:12 /ITAR-TASS/. In introducing sectoral sanctions against Russia, the European Union would primarily harm its own business and create an unfavourable precedent in the WTO, Russian Presidential Aide Andrey Belousov told journalists on Saturday.
“This will do significant harm to German, French, Italian and Dutch companies - the companies operating in Russia,” he said.
If the sanctions were introduced, Russia could turn to the WTO Appellate Body for settling of the disputes, Belousov said, as “the WTO mechanism does not stipulate sanctions of a WTO member against another one” on the basis of politics or for security reasons.
If the WTO decides in favour of Russia, “the U.S. and EU will find themselves in a very interesting position”. Otherwise, if sanctions are introduced in the WTO practice, several dozens of countries will eagerly make use of it, which can lead the WTO to collapse, the official believes.
Russia was considering options in response to possible sectoral sanctions, he added.