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Russia rejects 1.4 billion euro EU sanctions claim in WTO dispute

Reuters  |  MOSCOW 

MOSCOW (Reuters) - Russia said on Monday it would contest efforts by the European Union to impose 1.39 billion euros ($1.67 billion) in trade sanctions over a World Trade Organization dispute.The EU said in December it was seeking authorisation to impose the annual trade sanctions, alleging Russia had failed to comply with a WTO ruling on pigs and pork. The Russian Economy Ministry said on Monday those accusations were unfounded.The ministry said in an emailed statement that "representatives of the Russian Federation voiced their categorical disagreement with the EU position" at a meeting ...

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First Published: Mon, January 08 2018. 15:42 IST