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Belgium: Russia and EU close to resolving WTO  Association Agreement disputes02:07

Belgium: Russia and EU close to resolving WTO Association Agreement disputes

Belgium, Brussels
September 7, 2015 at 22:20 GMT +00:00 · Published

Russian Development Minister Alexei Ulyukaev announced from Brussels, Monday, that Russia and the European Union (EU) have given their experts a mandate to remove a number of risks on the Association Agreement between Ukraine and the EU.

Speaking after a meeting with European Commissioner for Trade Cecilia Malmstrom, Ulyukaev said that Russia and the EU may also settle three ongoing disputes in the World Trade Organisation (WTO), stating that "we are close at least to a pre-trial settlement." The three disputes include the sale of pork from the EU to Russia, duties on light commercial vehicles and disputes over EU customs duties on a number of goods.

The Russian Development Minister also said that a dispute over product embargoes "cannot be considered separately from the whole complex of relations between the EU and Russia, especially in the days of the sanctions regime," adding that "it was not us who began the deterioration of relations."

Russia is the EUs third-largest trading partner representing 10 percent of the EU's foreign trade, while the EU is Russia's largest trading partner and represents 50 percent of Russia's foreign trade.

Belgium: Russia and EU close to resolving WTO  Association Agreement disputes02:07
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Russian Development Minister Alexei Ulyukaev announced from Brussels, Monday, that Russia and the European Union (EU) have given their experts a mandate to remove a number of risks on the Association Agreement between Ukraine and the EU.

Speaking after a meeting with European Commissioner for Trade Cecilia Malmstrom, Ulyukaev said that Russia and the EU may also settle three ongoing disputes in the World Trade Organisation (WTO), stating that "we are close at least to a pre-trial settlement." The three disputes include the sale of pork from the EU to Russia, duties on light commercial vehicles and disputes over EU customs duties on a number of goods.

The Russian Development Minister also said that a dispute over product embargoes "cannot be considered separately from the whole complex of relations between the EU and Russia, especially in the days of the sanctions regime," adding that "it was not us who began the deterioration of relations."

Russia is the EUs third-largest trading partner representing 10 percent of the EU's foreign trade, while the EU is Russia's largest trading partner and represents 50 percent of Russia's foreign trade.