Russia Continues to Impose Protectionist Policies, Customs Information Still Murky, Says Punke
Russia continues to impose trade-restrictive measures and refuses to provide comprehensive customs information in defiance of World Trade Organization (WTO) obligations, said U.S. Ambassador to the WTO, Michael Punke, at a WTO General Council meeting on May 12. “Russia has…
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not responded to the follow-up questions raised in the February 2014 TRIPS Council meeting or the questions raised in the Import Licensing Committee,” said Punke. “Russia has not provided the full set of information on its customs union … and now Russia is moving the customs union into the Eurasian Union, with potentially broader implications for economic relations among those countries, but has done nothing to notify this organization.” The TRIPS agreement is a WTO pact on intellectual property rights.