Serbia’s PM believe Russia concerned by instability in BalkansWorld March 28, 3:40
About 3,000 troops to take part in missile force’s drills in central RussiaMilitary & Defense March 27, 20:55
Russian footballers must ‘force own game’ on Belgium in Sochi friendly match — coachSport March 27, 20:34
UN denies rumors of Staffan de Mistura’s resignationWorld March 27, 20:16
Prominent Russian lawyer vows to look into detention of journalists during Moscow ralliesRussian Politics & Diplomacy March 27, 20:05
Kremlin says world chess tournaments should go as planned despite FIDE’s presidential rowSport March 27, 19:32
Ukrainian politician says Kiev turns deaf ear to public pleas to end Donbass blockadeWorld March 27, 19:17
Serbia to get Russian MiG-29 fighter jets 'within weeks'Military & Defense March 27, 18:51
Putin wants Russian Guard to ensure security at FIFA World CupSport March 27, 18:35
GENEVA, July 9 (Itar-Tass) - The European Union challenged Russia's recycling fee on foreign cars at the World Trade Organization. The organization's office in Geneva has received the inquiry over the beginning of consultations with Russia, a WTO official told Itar-Tass.
As reported by an ITAR-TASS correspondent at the WTO, a request to initiate consultations with the Russian Federation today was filed to the Secretariat of the Organization in Geneva. In the event that the parties fail to reach an agreement during the consultation within the allotted 60 days, the case will be passed to the Dispute Settlement Body of WTO. As practice shows, the final decision on trade disputes takes an average of about one year.
The recycling fee was introduced in September 2012 and applies to importers of all types of vehicles, both new and used. For passenger cars the base rate is 20 thousand rubles, for cargo vehicles - 150 thousand, which is adjusted depending on the engine capacity and engine model year.
According to European experts, the amount of preferences received by the Russian car industry as a result of this measure exceeds 3 billion euros per year.
The Russian government has already introduced a bill to extend utilization fee on domestic vehicles in accordance with the rules of the WTO, but it hasn’t been adopted yet.