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Russia’s participation in the WTO’s trade disputes in 2021

Author

Listed:
  • Baeva Marina

    (Gaidar Institute for Economic Policy)

  • Knobel Alexander

    (Gaidar Institute for Economic Policy)

Abstract

The WTO system, in particular the mechanism for resolving trade disputes, has been in crisis for five years now. The main reasons are as follows: growth of protectionism, trade wars, the COVID-19 pandemic, systemic challenges, primarily freezing of the Appellate Body (AB). According to the U.S., AB goes beyond its authority, sometimes making decisions outside of WTO law, posing rights or obligations for member countries that are not provided for by existing WTO agreements, violates the deadlines for appellate review. The U.S. blocked decisions to appoint new AB members. Many WTO member countries agree on the need for reforms.

Suggested Citation

  • Baeva Marina & Knobel Alexander, 2022. "Russia’s participation in the WTO’s trade disputes in 2021," Published Papers ppaper-2022-1200, Gaidar Institute for Economic Policy, revised 2022.
  • Handle: RePEc:gai:ppaper:ppaper-2022-1200
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1200.pdf
    File Function: Revised Version, 2022
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    More about this item

    Keywords

    Russian economy; foreign trade; WTO; trade disputes;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F19 - International Economics - - Trade - - - Other

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