( July 20, 2021, 10:23 GMT | Official Statement) -- MLex Summary: The EU has requested World Trade Organization dispute consultations with Russia on what it sees as discriminatory procurement practices by the country's state-owned enterprises. The bloc is challenging, in particular, three Russian measures: discriminatory assessments of procurement bids, requirements for prior authorizations, and national quota requirements in procurement. The EU's request for consultations gives both parties time to discuss the matter without proceeding further with litigation. If after 60 days the dispute remains unresolved, the EU can request adjudication by a WTO panel.Statement follows. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.