Brussels, 21/12/2012 (Agence Europe) - The General Council of 11 December underlined the threat to the multilateral trade system and world economy posed by the Ukrainian plan to renegotiate tariffs.
Ukraine's plan to review its import duties upwards for 371 tariff lines - by invoking Article 28 of the 1994 GATT, which provides for the conditional renegotiation of its tariff concessions every three years (see EUROPE 10703 and 10742) - came in for much criticism at the WTO General Council on...