Russia to complain to WTO regarding US sanctions
(VOVworld) - Moscow intends to present a complaint to the World Trade Organization (WTO) claiming ‘politically motivated’ US sanctions that target local companies are hurting Russian external trade and violate WTO rules, Prime Minister Dmitry Medvedev said on Friday.
Prime Minister Dmitry Medvedev speaks at the plenary meeting of the St. Petersburg International Legal Forum
(RIA Novosti/Dmitry Astakhov)
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PM Mevedev said that unilateral politically motivated sanctions are illegal from the point of view of classic international legislation, they do not meet public order requirements as they ignore WTO's statute mechanism of constraint.
The US started to impose sanctions on Russia in March due to escalating tension in Ukraine over Crimean referendum to merge with Russia. In their latest round of sanctions, the US has tried to target Russia’s economy by forbidding business with certain organisations, as well as asset freezes on individuals believed to be close to Russian President Vladimir Putin.