Russia has exchanged the entry into the WTO on import duty-free components

The European Commission announced the resolution of all disputes with Russia on WTO accession. The main one was on the new mode of industrial Assembly of foreign cars. Russia managed to defend his position: changes in the signed agreements will not. This agreed compensation mechanism, if the volume of imports into Russia of automotive components from EU countries will be reduced. The EU wanted to reduce the duration of benefits until 2018, But Russia was able to reclaim the right to leave things as they are, while agreeing to compensate Europe the decline of imports of automotive components by 25% or more. In this case, part of the 75% of the components will be imported without preferential duties, reports Vedomosti. The Europeans, therefore, want to protect from failures of components production and job cuts. Recall that the agreement on the new conditions of industrial Assembly signed a four consortium of automakers.