GENEVA (Sputnik) – The World Trade Organization (WTO) agreed to establish a panel to examine Ukraine’s anti-dumping measures on ammonium nitrate imports from Russia, a WTO source told RIA Novosti on Friday.
"The Dispute Settlement Body agreed today to establish a panel requested by the Russian Federation over anti-dumping measures applied by Ukraine to ammonium nitrate imported from Russia," the source said.
At issue is Ukraine increasing ammonium nitrate import taxes threefold, from 11.91 percent to 36.03 percent in July 2014, and extending the anti-dumping measure by 5 years. Kiev cited gas price discrepancies between domestic chemical plants and Russian manufacturers as reason for its decision.
Moscow contends that Kiev violated its obligations toward Russia within the framework of the WTO in extending import taxes by 5 years.
Ammonium nitrate is mainly used for fertilizers, as well as for explosive materials.
