Tag Archives: Import

24 June 2014

US denies agreement permitting Sri Lanka to import Iranian crude oil through third parties

On 21 June, the United States denied the existence of any agreement with Sri Lanka that allows Sri Lanka’s oil refinery near Colombo to import crude oil from Iran via third parties, avoiding sanctions intended to constrain Iran’s nuclear program. According to Keheliya Rambukwella, Sri Lanka’s Media Minister and government spokesman, Sri Lanka has been importing Iranian oil from several countries, including Malaysia, through third parties, with the understanding of the US. (more…)

Source: Reuters | U.S denies any agreement allowing Sri Lanka to import Iran crude via third parties
Source: Reuters | RPT-Sri Lanka imports Iran crude via 3rd parties, avoids sanctions

22 August 2012

Russia joins WTO

Topics:

International Economic Law, International Organizations

After 18 years of negotiations, the Russian Federation joined the World Trade Organization as its 156th member on 22 August 2012. The country will now lower its import duties, limit its export duties and grant greater market access to other WTO members. Moreover, Russia will be subject to the WTO’s dispute settlement system.

Source: BBC | Russia's entry to World Trade Organization hailed by EU

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