The report finds that "This past year has brought very few, if any, positive developments in terms of Russia’s implementation of a WTO compliant trade regime. On a positive note, consistent with its WTO commitments, Russia has implemented all of its final tariff bindings. However, in most other areas, Russia continues to reject the market-opening goals of the WTO."
Copyright 2015, Agathon Associates, Consultants in Textiles and Trade, Blog by David Trumbull
Friday, January 15, 2021
USTR Releases Annual Reports on WTO (Non)Compliance of China and Russia
The report finds "China's record of compliance with the terms of its WTO membership has been poor. China has continued to embrace a state-led, non-market and mercantilist approach to the economy and trade, despite WTO members' expectations – and China's own representations – that China would transform its economy and pursue the open, market-oriented policies endorsed by the WTO."
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