Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges
This paper assesses issues relating to tariffs and nontariff measures (NTMs) in relation to Russia's World Trade Organization (WTO) and Eurasian Customs Union (ECU) commitments. The analysis finds that full implementation of Russia's WTO...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/07/26581327/russian-federation-world-trade-organization-eurasian-customs-union-tariff-non-tariff-policy-challenges http://hdl.handle.net/10986/24829 |
| Summary: | This paper assesses issues relating to
tariffs and nontariff measures (NTMs) in relation to
Russia's World Trade Organization (WTO) and Eurasian
Customs Union (ECU) commitments. The analysis finds that
full implementation of Russia's WTO tariff schedule
through 2020, would raise goods imports by about $3.5
billion (1.1 percent) compared to 2012, with estimates of
welfare gains to Russian consumers equal to approximately
$370 million. Russian exports to members of the ECU,
primarily Kazakhstan, would increase by an estimated $194
million, measured against a 2008 baseline. The impact of
NTMs in Russia and the ECU, though difficult to quantify, is
potentially more important for the market than tariff
changes, because of the significant divergence between the
historical GOST standards and standards prevailing in most
of Russia's trading partners. Formation of the ECU and
its associated bodies in 2010 has tended to perpetuate
regional methods of standard setting, and by extension NTM
policies, that are closely aligned with older models. |
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