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World Trade to Face Difficulties Without Uniform Rules, Russian Prime Minister Mishustin Says
World Trade to Face Difficulties Without Uniform Rules, Russian Prime Minister Mishustin Says
Sputnik International
MOSCOW (Sputnik) - World trade needs uniform rules, otherwise, difficulties are inevitable, Russian Prime Minister Mikhail Mishustin said. 27.10.2020, Sputnik International
2020-10-27T02:56+0000
2020-10-27T02:56+0000
2023-03-05T11:35+0000
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World Trade to Face Difficulties Without Uniform Rules, Russian Prime Minister Mishustin Says
02:56 GMT 27.10.2020 (Updated: 11:35 GMT 05.03.2023) MOSCOW (Sputnik) - World trade needs uniform rules, otherwise, difficulties are inevitable, Russian Prime Minister Mikhail Mishustin said.
"We understand today that there are questions for the World Trade Organization (WTO), and most importantly, a deep reset of the system that all WTO member countries expect, which, among other things, should reform the appellate body, because everyone already sees there is a problem with world trade without uniform rules," Mishustin said.
The prime minister said Russia could not suspend its membership in the organization, but only withdraw from it, but added, however, that there are reasons why the country is unable to do this.
"What is the WTO? It is a tool, if you like, to counter trade discrimination and infringement of the rights of some states... We use it to resolve all sorts of issues, including protection against discriminatory measures that other states are taking," he said.