An arbitrator of the world trade organization (WTO) has ordered Ukraine to comply with the decision of the WTO dispute resolution Body regarding anti-dumping measures on Russian ammonium nitrate. This is reported on the website of the Ministry of economic development of the Russian Federation.
As follows from the message, Kiev was given until September 15.
The Ministry of economic development added that the WTO has obliged Ukraine to eliminate violations in the calculation of dumping margins, as well as exclude JSC “EuroChem” from the action of anti-dumping measures.
“At the same time, the arbitrator took into account the emergency situation that has developed in connection with the pandemic of a new coronavirus infection COVID-19, which, in his opinion, to some extent slows down the work of the state authorities of Ukraine,” — said in a statement.
It is noted that if Ukraine does not comply with the WTO decision within the prescribed time, Russia will have the right to compensation or suspension of concessions in respect of Ukrainian goods.
In July 2014, Ukraine more than tripled import duties on ammonium nitrate from Russia (from 11.91 to 36.03%). In Kiev, this decision was explained by the fact that the price of gas for Ukrainian plants of nitrogen chemistry and Russian manufacturers differs significantly.
In response, Moscow filed a lawsuit with the WTO in may 2015. The main claim was that Kiev used an unfair method of energy adjustments to calculate the cost of Russian products and used prices on the markets of third countries instead of energy prices on the Russian market.
As a result, the panel found that the Ukrainian measures violated WTO rules. The appellate body agreed with this and finally sealed Russia’s victory.
In October, it was reported that Ukraine agreed to comply with the WTO decision on the lost lawsuit on duties on ammonium nitrate from Russia.