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WTO largely upholds Russia's case against EU anti-dumping measures
27/07/2020 12:00
A World Trade Organization (WTO) panel on Friday largely upheld a complaint brought by Russia against European Union anti-dumping measures, the third such ruling lost by the bloc.
The panel found that the EU “cost adjustment” methodology for calculating dumping margins in the case violates WTO anti-dumping rules, particularly regarding prices for energy inputs.
But it rejected claims that the EU’s framework anti-dumping regulation, known as “the basic regulation”, breaks WTO rules.
Both sides have 60 days to appeal the decision in the case, brought in December 2016.
The panel found that the EU “cost adjustment” methodology for calculating dumping margins in the case violates WTO anti-dumping rules, particularly regarding prices for energy inputs.
But it rejected claims that the EU’s framework anti-dumping regulation, known as “the basic regulation”, breaks WTO rules.
Both sides have 60 days to appeal the decision in the case, brought in December 2016.
Source: Reuters
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