Dispute over 1 billion Ukrainian euros. The UE will join negotiations between Ukraine and Japan in the framework of WTO
The UE will join consultations regarding duties for vehicles between Ukraine and Japan in the framework of WTO
The European Union has sent an inquiry for joining the consultations with the government of Ukraine, which were initiated by Japan, under arrangement in the framework of the World Trade Organization (WTO). The case in question is the protective measures and duties for the import of vehicles, which were imposed by Kiev on April 13, 2013.
«The EU is the largest manufacturer of vehicles and automobile parts in the world, as well as a major global exporter of cars with the volume of the export of over 100 million euros in 2012, 1 billion worth of which went to Ukraine,» Brussels explained its interest of participating in the dispute in the official announcement released by the WTO on Friday.