Russia has been actively participating in the dispute settlement system handled by the WTO. As of the year-end of 2019, Russia had been involved in a total of 96 disputes: in 8 disputes as a complainant, in 9 disputes as a respondent, and in 79 disputes as a third party. In 2019, Russia became a...

A study of international value chains implies both estimating the scale of involvement of each country in the global economy and analysing the factors that influence the integration of companies based in different countries in value chains. The latter is of special interest due to the necessity...

In late 2014-early 2015, retail and wholesale trade, the one of the biggest sector of Russian economy , longer than others ‘put up resistance' to the negative macroeconomic trends and showed an increase, however small, in commodity turnover. Meanwhile, in the autumn of 2015, in spite of a...

Evidence of import substitution can be found only in the agriculture and the food industry: a decrease in the import volume across individual positions (meat, poultry, fish and grain crop flour) was accompanied by Household output growth. Also, simultaneously with a drop in imports, some output...

Russian exports of services in 2017 grew by 14%. To achieve the export target set by the President's decree of May 7, 2018 to the tune of $100 billion over the next six years, annual growth of 9% will be required. Import of services in 2017 grew by 19% mainly due to 30% increase in traveling...

The WTO utilizes the trade dispute settlement mechanism in accordance with the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU). As a WTO member, Russia has the right to uphold its trade interests by means of this instrument

In a sign of their increasing frustration with global efforts to ensure that all people everywhere will have access to COVID-19 vaccines, several developing countries have asked other members of the World Trade Organization (WTO) to join them in a sweeping waiver of the intellectual property...

This article analyses Turkey's safeguard (SG) actions using a renovated approach to the measurement of the impacts of the SG duties with empirical application introduced by Bown and McCulloch (2004). We examine the trade impacts of 16 safeguard duties, covering 52 different 4 and 6-digit...

In 2021, Russia’s trade turnover increased by 38% to $785 bn, the maximum level since 2014. Appreciation of prices for fuel and energy commodities (+61%) amid stable volumes of exports (-1.7%) made it feasible to increase the value of exports to $267 bn (+59%). The record-high value of $197.8...