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Russia Trade Sanctions

17 posts

Some Questions about the U.S. Law Suspending Normal Trade Relations Treatment with Russia and Belarus

On Thursday, both the House and the Senate voted to pass the "Suspending Normal Trade Relations with Russia and Belarus Act" (HR 7108), and President Biden signed it into law on Friday. It looks to me, but correct me if I've missed something in the fine

Waiving Russia Adieu in the WTO? Post by Tomer Broude

This post is by law professor Tomer Broude of the Hebrew University of Jerusalem With the Russian Federation’s invasion of Ukraine now about to enter its second month, concerns not only for the fate of civilians are rising, but also for democracy and the international rule of law. There

House Passes Bill Suspending Normal Trade Relations Treatment for Russia and Belarus

After a brief floor discussion, today the House of Representatives passed the "Suspending Normal Trade Relations with Russia and Belarus Act" (H.R. 7108) with a vote of 424-8. The full text is here. A summary is here. In terms of comparisons to previous legislation in this area,

U.S. Legislation on MFN Withdrawal for Russia (and Belarus) May Finally Be Moving Forward

After lots of fits and starts, it looks like the U.S. (and others) will join Canada and withdraw MFN treatment for Russian and Belarusian imports. President Biden discussed this at a press conference today. Here are some of the key points he made: As Putin continues his merciless assault,

Questions about the 1982 Decision and Article XXI of the GATT

In 1982, the contracting parties adopted a Ministerial Declaration to take seriously the consideration of 'non-economic' trade measures. On 30 November 1982, the contracting parties adopted the Decision Concerning Article XXI of the General Agreement (the 1982 Decision) which set out some basic procedural guidelines for the application

House Approves Russian Energy Ban and Push for Russian WTO Suspension, But No U.S. MFN Withdrawal for Russia Yet

Late last night, the House passed a bill that would suspend Russian energy imports, but the bill had a proposed MFN withdrawal provision taken out (at the request of the White House apparently, although the reasons for this are not completely clear to me, as I've heard competing

Ukraine and Russia at the WTO

Thanks to Bryce Baschuk of Bloomberg, who posted the documents on Twitter, we have a letter written by Ukraine to the Chair of the WTO General Council regarding cutting of trade with Russia, and a letter Russia wrote in response. It's the trade response of other countries to

Senators Brown and Cassidy Introduce No Most Favored Nation Trading with Russia Act

U.S. Senators Sherrod Brown (D-OH) and Bill Cassidy (R-LA) have introduced the No Most Favored Nation Trading with Russia Act "to revoke Russia’s most-favored-nation status." The full text is here (and here). It is mostly identical to the Blumenauer/Doggett bill discussed here, so no need

Canada Revokes MFN Status of Russia and Belarus

Legislating and regulating seems much easier in parliamentary systems. As the U.S. starts considering the competing Russia MFN withdrawal bills I've been discussing the past couple of days, Canada just went ahead and withdrew the MFN status of Russia and Belarus. This is what Deputy Prime Minister

Ukraine Invokes National Security Exceptions at WTO: Complete Embargo and WTO Agreements No Longer Applied to Russia

Ukraine has sent a letter to the Chairman of the WTO's General Council, in which it says it will "impose a complete economic embargo and no longer apply the WTO agreements in its relations with the Russian Federation": On 24 February 2022 the Russian Federation committed