Russian Foreign Trade in May 2015

Abstract

In May 2015, downward trend of the main Russian foreign trade indices persisted. In spite of the promises given by the G-20 member states not to introduce new protectionist measures in the sphere of trade, the overall number of trade restrictions goes up. The WTO department of dispute settlement decided to create a dispute settlement panel which will deal with the dispute filed by the Russian Federation against the European Union regarding the EU’s Third Energy Package.