AreaEuropean Union

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/02/2015

Policy CategoryTrade

Policy InstrumentTrade policy

DescriptionRequested establishment of a WTO dispute settlement panel to review the Russian Federation’s import duties on selected products including palm oil.

Notes Following the failure of bilateral consultations over Russia’s import duties on selected products including palm oil (see MPPU Dec.’14), the European Commission requested the establishment of a WTO dispute settlement panel. According to the EU, the minimum tariff amount Russia charges on its palm oil imports can be higher than the WTO-agreed duty expressed as a percentage of the product’s value.