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...
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okr-10986-248292021-04-23T14:04:27Z Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges Ferrantino, Michael J. Gillson, Ian Schmidt, Gabriela non-tariff measures tariffs trade standards non-tariff barriers NTBs NTMs 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. 2016-08-09T16:58:16Z 2016-08-09T16:58:16Z 2016-07 Working Paper 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 English en_US Policy Research Working Paper;No. 7748 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Russian Federation |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
non-tariff measures tariffs trade standards non-tariff barriers NTBs NTMs |
spellingShingle |
non-tariff measures tariffs trade standards non-tariff barriers NTBs NTMs Ferrantino, Michael J. Gillson, Ian Schmidt, Gabriela Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
geographic_facet |
Europe and Central Asia Russian Federation |
relation |
Policy Research Working Paper;No. 7748 |
description |
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. |
format |
Working Paper |
author |
Ferrantino, Michael J. Gillson, Ian Schmidt, Gabriela |
author_facet |
Ferrantino, Michael J. Gillson, Ian Schmidt, Gabriela |
author_sort |
Ferrantino, Michael J. |
title |
Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
title_short |
Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
title_full |
Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
title_fullStr |
Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
title_full_unstemmed |
Russian Federation, the World Trade Organization, and the Eurasian Customs Union : Tariff and Non-Tariff Policy Challenges |
title_sort |
russian federation, the world trade organization, and the eurasian customs union : tariff and non-tariff policy challenges |
publisher |
World Bank, Washington, DC |
publishDate |
2016 |
url |
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 |
_version_ |
1764457763147087872 |