The European Union complained to the World Trade Organization (WTO) about Russia’s import substitution policy and demanded € 290 billion from Moscow. This was reported by RBC with reference to the information of the WTO.
“In 2019, the cost of the published tenders for Russian state-owned enterprises amounted to 23.5 trillion rubles, or approximately € 290 billion, which is equivalent to about 20% of Russia’s GDP,” the report says.
The European Union believes that for several years Russia has been developing measures that seriously infringe on the interests of EU companies when selling goods and services to Russian state-owned companies and other organizations through commercial purchases.
Earlier, the United States said that Russia in 2021 continued to backtrack from the obligations it assumed upon joining the WTO. Russia was accused of restricting imports of agricultural products and the policy of import substitution, as well as “forced localization of production” in industry. Dmitry Peskov, press secretary of the Russian President, commented on this, saying, “As for the WTO, we do not agree with this point of view. Russia does not violate anything in this area. “
In September, Russian President Vladimir Putin extended until 2022 the food embargo on the import of products into Russia from countries that have imposed or supported anti-Russian sanctions.
Source: Rosbalt
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