Law360 (July 19, 2021, 5:36 p.m. EDT) – The European Union on Monday launched a trade dispute with Russia at the World Trade Organization, claiming that Russia’s import substitution policy discriminates against foreign companies.
In a seven-page complaint, the EU argued that Russia has gradually expanded its import substitution policy since 2015, excluding foreign goods and services from state-sponsored contracts. According to the file, Russia is violating WTO law by its “discriminatory” assessments of bids, allegedly favoring Russian companies by deducting up to 30% of bids from the purchase price of domestic goods and services.
“Imported goods and services supplied by foreign entities are valued on the basis …
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