The Russian Federation is a member of the World Trade Organization (WTO). However, the Union is currently allowed, by virtue of the exceptions that apply under the Agreement Establishing the World Trade Organization (WTO Agreement), and in particular Article XXI of the General Agreement on Tariffs and Trade 1994 (security exceptions), to disregard the obligation to accord to goods imported from the Russian Federation most-favoured-nation treatment, and it is not prevented from imposing import duties higher than those contained in the Union’s schedule of tariff commitments on trade in goods, if the Union considers such measures to be necessary in order to protect the Union’s essential security interests.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
