Russia's participation in WTO disputes in 2023

Alexander Knobel and Maria Baeva
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Maria Baeva: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: For several years, the WTO system, in particular trade dispute settlement mechanism, has been in a state of crisis. The main reasons are the following: growth of protectionism, trade wars, the COVID-19 pandemic, systemic problems, primarily, freezing of the Appellate Body (AB). According to the U.S., the AB exceeds limits of its authority, sometimes making decisions outside of the WTO law, thus, developing rights or obligations for member countries that are not provided for in the existing WTO agreements and violating time limits for appeals. The U.S. has blocked decisions on appointment of new AB members. Many WTO member countries agree on the need for reforms.2 According to experts, despite internal challenges, WTO has no alternative related to matters regulating international trade relations.

Keywords: Russian economy; foreign trade; WTO; trade disputes (search for similar items in EconPapers)
JEL-codes: F10 F13 F19 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2024, Revised 2024
New Economics Papers: this item is included in nep-cis and nep-int
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