Template-Type: ReDIF-Paper 1.0
Author-Name: Baeva Marina
Author-Name-First: Marina
Author-Name-Last: Baeva
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Knobel Alexander
Author-Name-First: Alexander
Author-Name-Last: Knobel
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Russia’s participation in the WTO’s trade disputes in 2021
Abstract: The WTO system, in particular the mechanism for resolving trade disputes, has been in crisis for five years now. The main reasons are as follows: growth of protectionism, trade wars, the COVID-19 pandemic, systemic challenges, primarily freezing of the Appellate Body (AB). According to the U.S., AB goes beyond its authority, sometimes making decisions outside of WTO law, posing rights or obligations for member countries that are not provided for by existing WTO agreements, violates the deadlines for appellate review. The U.S. blocked decisions to appoint new AB members. Many WTO member countries agree on the need for reforms.
Classification-JEL: F10, F13, F19
Keywords: Russian economy, foreign trade, WTO, trade disputes
Creation-Date: 2022
Revision-Date: 2022
Length: 27 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1200.pdf
File-Format: application/pdf
File-Function: Revised Version, 2022
Handle: RePEc:gai:ppaper:ppaper-2022-1200