You're reading: Reuters: Russia rejects 1.4 billion euro EU sanctions claim in WTO dispute

Reuters: Russia rejects 1.4 billion euro EU sanctions claim in WTO dispute

Published Jan. 8, 2018 at 2:46 pm

The wrongful restriction of the lawful interests of WTO member states gives those states the right to utilize the protection mechanisms provided by that organization.

Photo by AFP

Russia said on January 8 it would contest efforts by the European Union to impose 1.39 billion euros ($1.67 billion) in trade sanctions over a World Trade Organization dispute.

The EU said in December it was seeking authorization to impose the annual trade sanctions, alleging Russia had failed to comply with a WTO ruling on pigs and pork.