Post by Dr. Olesia Kryvetska

Co-Founder & Expert, Intʼl Trade & Investment Law at Inly | Former YP & Dispute Settlement Lawyer at WTO | Deputy Head, Int‘l Trade Law Committee at Ukrainian Bar Association

Dispute settlement disciplines do not offer a prompt solution for business affected by overseas trade restrictions, so the trade policy should seek for unilateral and more “transactional” measures. This was one of the key messages delivered by Mr. Denis Redonnet, European Commission’s Chief Trade Enforcement Officer, when talking on legitimate application of counter measures at TDI YEARLY 2020. Against this background, Ukraine’s efforts to modernize the tools available for applying counter measures are quite timely. So far, Ukraine’s measures taken in response to discriminatory or hostile actions have mainly targeted products from non-WTO trading partners such as Belarus and Uzbekistan. One should wonder however, whether the WTO DSS crisis can serve as an excuse for Ukraine to bring this mechanism into play against WTO members as well. #wto #eu #internationaltrade #ukraine

Post content