EU RUSSIA DEAL
June 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Union (EU) Council of Ministers yesterday (Mon, June 28) approved the new steel trade deal that has been negotiated by the European Commission with the Russian government. It creates import quotas for a wide range of steel products that can be sold into the EU market by Russian producers until December 31, 2006, or the date Moscow joins the World Trade Organisation (WTO), if it happens earlier, although this is unlikely. The agreement replaces an earlier steel trade deal covering 2002-4. A Council statement said the new agreement ...
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