Impact of WTO accession and the customs union on the bound and applied tariff rates of the Russian federation
After 18 years of negotiations, Russia has joined the World Trade Organization. This paper assesses how the tariff structure of the Russian Federation will change as a result of the phased implementation of its World Trade Organization commitments between 2012 and 2020 and how it has changed as a result of its agreement to participate in a Customs Union with Kazakhstan and Belarus. The analysis uses trade data at the ten digit level, which allows the first accurate assessment of the impact of these policy changes. It finds that World Trade Organization commitments will progressively and significantly lower the applied tariffs of the Russian Federation. After all commitments are implemented, tariffs will fall from 11.5 percent to 7.9 percent on an un-weighted average basis, or from 13.0 percent to 5.8 percent on a weighted average basis. The average"bound"tariff rate of Russia under its World Trade Organization commitments will be 8.6 percent, that is, 0.7 percentage points higher than the applied tariffs. Russia's commitments represent significant tariff liberalization, but compared with other countries that have acceded to the World Trade Organization, the commitments of the Russian Federation are not unusual, especially when compared with the Transition countries.
|Date of creation:||01 Aug 2012|
|Date of revision:|
|Contact details of provider:|| Postal: 1818 H Street, N.W., Washington, DC 20433|
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Oleksandr Shepotylo & David Tarr, 2008.
"Specific Tariffs, Tariff Simplification, and the Structure of Import Tariffs in Russia, 2001-2005,"
Eastern European Economics,
Taylor & Francis Journals, vol. 46(5), pages 47-56, September.
- Oleksandr Shepotylo & David Tarr, 2008. "Specific Tariffs, Tariff Simplification, and the Structure of Import Tariffs in Russia, 2001-2005," Eastern European Economics, M.E. Sharpe, Inc., vol. 46(5), pages 47-56, September.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:6161. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi)
If references are entirely missing, you can add them using this form.