On 27 October 2021, the World Trade Organization (WTO) announced that the second review of the trade policies and practices of the Russian Federation had taken place from 27 and 29 October 2021. The basis for the review is a Report by the WTO Secretariat and a report by the Russian Federation’s Government.
Background
Trade Policy Reviews are an exercise, mandated in the WTO Agreements, in which member countries’ trade and related policies are examined and evaluated at regular intervals. Significant developments that may have an impact on the global trading system are also monitored. All WTO members are subject to review, with the frequency of review depending on the country’s size.