EU takes Russia to WTO over state entity procurement

Tuesday, July 20, 2021
EU takes Russia to WTO over state entity procurement © Reuters. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, March 24, 2021. REUTERS/Yves Herman/File Photo/File Photo

BRUSSELS (Reuters) - The European Union has launched a legal challenge at the World Trade Organization against Russian measures it says restrict or prevent EU companies from selling goods to Russian state-owned enterprises.

"These practices seem to be contrary to WTO rules, which require that Russia may not discriminate against foreign companies in this area," the European Commission, the EU's executive body, said in a statement on Monday.

The first step in a WTO dispute is a period of consultations, typically of 60 days, before an adjudicating panel can be chosen.

The Commission, which oversees trade for the 27-member EU, said Russia had gradually expanded its policy of restrictions to replace foreign goods and services in procurement contracts since 2015.

The Commission said the challenge centred on three specific Russian measures it says are incompatible with WTO law requiring members to treat foreign and domestic producers in a non-discriminatory way.

It said certain state-related entities deduct 15% from the price offered by Russian companies when assessing bids, although do not actually benefit from any such deduction.

In addiiton, Russian firms wanting to procure certain engineering products abroad need authorisation, the Commission said. It also complained about national quota requirements of up to 90% in the procurement of about 250 products, including vehicles and textiles.

Leave your comment
27-07-2021 18:35:19 (UTC+7)

EUR/USD

1.1793

-0.0006 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/USD

1.1793

-0.0006 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

GBP/USD

1.3787

-0.0029 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (10)

USD/JPY

110.15

-0.18 (-0.17%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

AUD/USD

0.7360

-0.0020 (-0.27%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (5)

USD/CAD

1.2577

+0.0037 (+0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/JPY

129.91

-0.28 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

1.0806

-0.0001 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Gold Futures

1,796.95

-2.25 (-0.13%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

Silver Futures

25.183

-0.135 (-0.53%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (0)

Sell (6)

Copper Futures

4.5492

-0.0358 (-0.78%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

Crude Oil WTI Futures

72.17

+0.26 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Brent Oil Futures

74.06

+0.36 (+0.49%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Natural Gas Futures

4.064

-0.018 (-0.44%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

US Coffee C Futures

207.08

-0.72 (-0.35%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Euro Stoxx 50

4,090.69

-11.90 (-0.29%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

Sell (4)

S&P 500

4,422.30

+10.51 (+0.24%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

DAX

15,575.25

-43.73 (-0.28%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (3)

Sell (2)

FTSE 100

7,003.65

-21.78 (-0.31%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (1)

Sell (5)

Hang Seng

25,060.87

-1159.13 (-4.42%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,216.03

+6.38 (+0.29%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

IBEX 35

8,712.00

-63.20 (-0.72%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

BASF SE NA O.N.

67.185

-0.355 (-0.53%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

Bayer AG NA

50.70

-0.70 (-1.36%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Allianz SE VNA O.N.

210.15

-0.75 (-0.36%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Adidas AG

312.80

+0.85 (+0.27%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (9)

Deutsche Lufthansa AG

9.964

+0.117 (+1.19%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (4)

Siemens AG Class N

133.34

-1.22 (-0.91%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

10.558

-0.102 (-0.96%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

 EUR/USD1.1793↑ Buy
 GBP/USD1.3787↑ Sell
 USD/JPY110.15↑ Buy
 AUD/USD0.7360Neutral
 USD/CAD1.2577↑ Buy
 EUR/JPY129.91↑ Buy
 EUR/CHF1.0806↑ Sell
 Gold1,796.95↑ Buy
 Silver25.183Neutral
 Copper4.5492Neutral
 Crude Oil WTI72.17↑ Buy
 Brent Oil74.06↑ Buy
 Natural Gas4.064↑ Buy
 US Coffee C207.08↑ Buy
 Euro Stoxx 504,090.69Neutral
 S&P 5004,422.30↑ Buy
 DAX15,575.25↑ Buy
 FTSE 1007,003.65Neutral
 Hang Seng25,060.87↑ Buy
 Small Cap 20002,216.03↑ Buy
 IBEX 358,712.00Neutral
 BASF67.185Sell
 Bayer50.70Sell
 Allianz210.15↑ Sell
 Adidas312.80Sell
 Lufthansa9.964Sell
 Siemens AG133.34↑ Buy
 Deutsche Bank AG10.558Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,660/ 5,715
(-5/ -5) # 712
SJC HCM5,660/ 5,730
(-20/ -15) # 728
SJC Hanoi5,660/ 5,732
(-20/ -15) # 730
SJC Danang5,660/ 5,732
(-20/ -15) # 730
SJC Nhatrang5,660/ 5,732
(-20/ -15) # 730
SJC Cantho5,660/ 5,732
(-20/ -15) # 730
Cập nhật 27-07-2021 18:35:21
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,796.99-0.94-0.05%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2178022210
RON 95-II,III2168022110
E5 RON 92-II2049020890
DO 0.05S1637016690
DO 0,001S-V1672017050
Dầu hỏa1539015690
ↂ Giá dầu thô thế giới
WTI$71.99+0.110.15%
Brent$74.92-0.96-1.27%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.880,0023.110,00
EUR26.476,7927.854,49
GBP31.000,6032.295,52
JPY203,52214,19
KRW17,3221,08
Cập nhật lúc 18:31:16 27/07/2021
Xem bảng tỷ giá hối đoái