The EU announced, on Tuesday 15 March, that it wants to withdraw Russia’s ‘most-favoured-nation’ (‘MFN’) status under World Trade Organization (WTO) rules, which means that every member must be treated equally.
It agreed on this measure with 13 other WTO members: Albania, Australia, Canada, Iceland, Japan, North Macedonia, Moldova, Montenegro, New Zealand, Norway, South Korea, the United Kingdom and the United States.
These countries circulated a note to WTO members on 15 March...