Geneva, Switzerland — The World Trade Organization (WTO) has found that Russia has broken import duty rules on domestic and large compression refrigerators that were agreed when Russia joined the WTO in 2012.
Following an investigation by the WTO instigated by the European Union (EU) in 2014, the WTO has decided that the Russian tariffs on refrigerators are incorrect. In a press release, the EU said that Russia fixes a minimum amount of import duty that needs to be paid even if this is not justified by its agreement with the WTO.
The WTO found Russia was in breach of the General Agreement on Tariffs and Trade (GATT) and that this tariff is restricting trade with Russia. The EU exports around EUR 150m ($169 m) of refrigerators to Russia each year.
The tariffs range from 13.3% to 16.7% of the price or between EUR 0.12 and 0.156/l capacity. They are applied to domestic refrigerators and compression refrigerators of greater than 340 l capacity.