"The sanctions violated the principles of fair and free competition ... ignore the most-favored-nation treatment," he told a state council meeting.
Noting that a group of countries "unilaterally" attempted to contain Russia, Putin said the country's retaliatory measures will aim at protecting national interests "rather than punishing or putting pressure on someone."
"When Russia joined the WTO, it was another proof that we are building an open economy and are ready for close cooperation with foreign partners," he said.
Xinhua - china.org.cn
18/9/14
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Related:
EP: MEPs welcome signs of hope in Ukraine and urge the EU to stand up to Russia. (to cancel planned energy sector agreements with Russia, including the South Stream)
Russia may restrict import of Western cars, clothes in new sanctions tit-for-tat.-- (Vladimir Putin answered Russian journalists’ questions following the SCO summit)
Sanctions against Russia strategic error - (Dmitry Rogozin. deputy PM)
European Council president confirms new sanctions on Russia
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Western sanctions violate WTO principles, says Putin...
ReplyDeleteRussian President Vladimir Putin Sept. 18 slammed the EU and the U.S. for violating basic World Trade Organization principles in their bid to punish Russia over the Ukraine crisis.
“Limits introduced against Russia are none other than a rejection by some of our partners of basic WTO principles,” he told a government meeting, adding that the matter was being politicized in violation of the WTO.
“The principle of equal access for all countries to markets for goods and services is being violated. The regime of ‘most favored nation’ treatment ... are being ignored,” he said.
“Essentially, a group of countries unilaterally allowed themselves to cross out these and a number of other WTO principles and rules for Russia, which is among the world’s six largest economies.”
Washington and Brussels introduced several rounds of biting sanctions against Russia over Moscow’s “unacceptable behavior” in Ukraine.
The Kremlin retaliated by ordering an embargo on Western food supplies in August and threatened to ban imports of cars and consumer goods such as clothes....................http://www.hurriyetdailynews.com/western-sanctions-violate-wto-principles-says-putin.aspx?pageID=238&nID=71912&NewsCatID=351