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003 The World Bank
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008 020129s2012 dcu i001 0 eng
024 8 _a10.1596/1813-9450-6161
035 _a(The World Bank)6161
100 1 _aShepotylo, Oleksandr
245 1 0 _aImpact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
_h[electronic resource] /
_cOleksandr Shepotylo
260 _aWashington, D.C.,
_bThe World Bank,
_c2012
300 _a1 online resource (34 p.)
520 3 _aAfter 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.
650 4 _aApplied tariffs
650 4 _aBound tariffs
650 4 _aCustoms union
650 4 _aDebt Markets
650 4 _aExport Competitiveness
650 4 _aFree Trade
650 4 _aInternational Economics & Trade
650 4 _aInternational Trade and Trade Rules
650 4 _aPoverty Reduction
650 4 _aTariff policy
650 4 _aTrade Policy
650 4 _aWTO accession
651 4 _aRussia
700 1 _aShepotylo, Oleksandr
700 1 _aTarr, David G.
776 1 8 _aPrint version:
_iShepotylo, Oleksandr
_tImpact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation.
_dWashington, D.C. : The World Bank, 2012
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6161
999 _c24656
_d24656