"Europe may initiate the first lawsuit against Russia since Russia's accession to the World Trade Organization (WTO). The reason for the dissatisfaction is the car recycling tax that, in the opinion of EU members, places European manufacturers in disadvantageous conditions and goes against the WTO's ground rules.
The Europeans were expecting this tax to be abolished on July 1, in accordance with the hope expressed by European Commission president, José Manuel Barroso around a month ago.
In the words of Karel De Gucht, the European trade commissioner, the European powers recognize the need for an incentive for automobile recycling, and in the EU there is an analogous law. However, this law does not involve the use of taxes and tariffs as a prime tool."
'via Blog this'
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