Ukraine, Russia to try to reach compromise over WTO dispute on Dec 4

Ukrainian Deputy Economy Minister and Ukraine Trade Representative Nataliya Mykolska announces that Ukraine and Russia are planning to hold consultations on December 4 to reach a compromise on a lawsuit lodged by Ukraine with the World Trade Organization (WTO) over Russia's restrictions on the import of Ukrainian-produced railcars and railroad switches.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

"A date for consultations has been agreed, it's December 4, 2015. As part of the consultations, we plan to discuss many issues regarding the discriminatory acts by the Russian Federation against the Ukrainian railway equipment and violations of WTO agreements," Mykolska wrote on Facebook.

As UNIAN reported earlier, on October 21, Ukraine lodged its first of a series of planned claims with the WTO against Russia, challenging trade restrictions on Ukrainian-produced railcars and railroad switches.

Mykolska said that, due to the restrictions, the Ukrainian exports declined to $51 million over the seven months of 2015. Exports in 2013 were estimated at $1.7 billion.

Earlier, Ukraine addressed the WTO Committee on Technical Barriers to Trade with the request to analyze a ban imposed by Russia on imports of Ukraine-produced confectionery, dairy and juice products, including baby food, as well as beer.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!