Russia beggining development of response to new anti-Russian sanctions by USRussian Politics & Diplomacy August 22, 23:14
Investigators claim to have enough evidence to prove Serebrennikov guilty of fraudRussian Politics & Diplomacy August 22, 21:35
Washington tries to use events in Khan Shaykhun to justify its strike on Syria — MoscowRussian Politics & Diplomacy August 22, 21:31
Egypt to receive 15 Russian 'Alligator' helicopters in 2017Military & Defense August 22, 19:57
Christophe de Margerie LNG tanker covers Northern Sea Route in record 6.5 daysBusiness & Economy August 22, 19:32
Kirill Serebrennikov dismisses fraud accusations as absurdSociety & Culture August 22, 19:18
From climate to transport: Arctic projects of Russian and Japanese scientistsBusiness & Economy August 22, 19:10
Trump’s Afghan strategy implies attempts to address issues by military means — analystWorld August 22, 19:00
Russian defense chief tests new neural network-based combat moduleMilitary & Defense August 22, 18:41
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.