Suspention of MFN Regime is the Basis of Trade and Political Sanctions against Russia

Неприменение РНБ – основа торгово-политических санкций в отношении России

Alexander A. Pakhomov
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Alexander A. Pakhomov: Russian Presidential Academy of National Economy and Public Administration

Russian Economic Development, 2022, issue 11, 13-19

Abstract: In the spring of 2022, Group of Seven (G7) countries and their allies, as part of the sanctions pressure, made a coordinated decision not to apply the most favored nation (MFN) regime at the national level in trade in goods and services with respect to Russia. This extraordinary step will have far-reaching negative consequences for the functioning of the country’s foreign trade The article was prepared as part of the research work of the state task of the RANEPA.

Keywords: most favored nation regime; Russian Federation; sanctions; discrimination; World Trade Organization (search for similar items in EconPapers)
JEL-codes: F02 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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