EU Governments Set to Back Repeal of Restrictions on Imports of Some Russian Steel Products
EU competitiveness ministers are expected to green-light a proposal May 30 repealing Council regulation (EC) No 1342/2007 on administering certain restrictions on imports of certain steel products from the Russian Federation. The matter involves a Dec. 1, 1997, partnership and…
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cooperation agreement (PCA) establishing a partnership between the European Communities and their member countries on one side and the Russian Federation, said a European Parliament position statement, adopted May 10. Under the PCA, the EU and Russia signed a 2007 pact on trade in certain steel products that stipulated that if Russia acceded to the WTO before the agreement expired, the agreement would be terminated and quantitative limits abolished as of the date of accession. Parliament approved the deal May 10, and the Competitiveness Council is set to adopt the legislative position without discussion, it said in a May 15 information note.