Russia’s agricultural sector: import substitution and WTO membership
Sergey Ivanovich Belenchuk and
Maria Andreevn Konovalova
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Sergey Ivanovich Belenchuk: Russian State University for the Humanities (RGGU), Moscow, Russia
Maria Andreevn Konovalova: Russian State University for the Humanities (RGGU), Moscow, Russia
Russian Foreign Economic Journal, 2019, issue 12, 40-50
Abstract:
The article considers the issues of Russian agricultural sector development in the context of WTO membership and Western sanctions against Russia. As a result, instead of increasing food imports, Russia focused on promoting import substitution and made significant progress due to the implementation of state import substitution programs and rather quick adjustment of the sector to the requirements of the WTO. Despite the fact that the sanctions against Russia de facto go beyond the jurisdiction of the WTO, Russia did not neglect its obligations under the WTO. On the contrary, Russia has become an active supporter of maintaining the role of the WTO as the key link in the international trading system.
Keywords: Agricultural sector; WTO; sanctions; embargo; import substitution; security; subsidies. (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2019_12_40-50
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