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Suspention of MFN Regime is the Basis of Trade and Political Sanctions against Russia
[Неприменение Рнб – Основа Торгово-Политических Санкций В Отношении России]

Author

Listed:
  • Alexander A. Pakhomov

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

In the spring of 2022, Group of Seven (G7) countries and their allies, as part of the sanctions pressure, made a coordinated decision not to apply the most favored nation (MFN) regime at the national level in trade in goods and services with respect to Russia. This extraordinary step will have far-reaching negative consequences for the functioning of the country’s foreign trade The article was prepared as part of the research work of the state task of the RANEPA.

Suggested Citation

  • Alexander A. Pakhomov, 2022. "Suspention of MFN Regime is the Basis of Trade and Political Sanctions against Russia [Неприменение Рнб – Основа Торгово-Политических Санкций В Отношении России]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 13-19, November.
    • Handle: RePEc:gai:recdev:r2292
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    References listed on IDEAS

    as
    1. Alexandr Pakhomov, 2014. "Russia’S Trading Partners: 100 Years After," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 46-48, January.
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    Cited by:

    1. Alexander A. Pakhomov, 2022. "Неприменение Рнб – Основа Торгово-Политических Санкций В Отношении России," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 11, pages 13-19, November.

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    1. Alexander A. Pakhomov, 2022. "Неприменение Рнб – Основа Торгово-Политических Санкций В Отношении России," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 11, pages 13-19, November.

    More about this item

    Keywords

    most favored nation regime; Russian Federation; sanctions; discrimination; World Trade Organization;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration

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