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...

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Main Authors:	Shepotylo, Oleksandr, Tarr, David G.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	AGRICULTURAL PRODUCTS APPAREL APPLIED TARIFF AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BILATERAL FREE TRADE AGREEMENTS CONCESSIONS CUSTOMS CUSTOMS UNION DEVELOPED COUNTRIES DEVELOPING COUNTRIES ECONOMIC DEVELOPMENT ENDOGENOUS TARIFF EQUIPMENT EXCHANGE RATES EXPORTERS EXTERNAL TARIFF FOOD INDUSTRY FREE ACCESS FREE TRADE GOVERNMENT REVENUE HIGH TARIFFS IMPORT DATA IMPORT DUTIES IMPORT SHARE IMPORT STATISTICS IMPORT TARIFF IMPORT TARIFFS IMPORTS INFLATION INTERMEDIATE INPUTS INTERNATIONAL BANK LOBBYING MARKET ACCESS MEMBER COUNTRIES METAL PRODUCTS MOST FAVORED NATION POLITICAL ECONOMY PREFERENTIAL STATUS SET OF TARIFF TARIFF CLASSIFICATION TARIFF COMMITMENT TARIFF COMMITMENTS TARIFF CUTS TARIFF DATA TARIFF EQUIVALENTS TARIFF ESCALATION TARIFF LEVELS TARIFF LINE TARIFF LINES TARIFF POLICY TARIFF PROTECTION TARIFF RATE TARIFF RATES TARIFF SCHEDULE TARIFF STRUCTURE TRADE AGREEMENTS TRADE DATA TRADE DISTORTIONS TRADE PERFORMANCE TRADE POLICY TRANSACTION TRANSITION COUNTRIES UNIFORM TARIFFS VALUE OF IMPORTS WORLD TRADE WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2012/08/16586021/impact-wto-accession-customs-union-bound-applied-tariff-rates-russian-federation http://hdl.handle.net/10986/12001

id	okr-10986-12001
recordtype	oai_dc
spelling	okr-10986-120012021-04-23T14:02:58Z Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation Shepotylo, Oleksandr Tarr, David G. AGRICULTURAL PRODUCTS APPAREL APPLIED TARIFF AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BILATERAL FREE TRADE AGREEMENTS CONCESSIONS CUSTOMS CUSTOMS UNION DEVELOPED COUNTRIES DEVELOPING COUNTRIES ECONOMIC DEVELOPMENT ENDOGENOUS TARIFF EQUIPMENT EXCHANGE RATES EXPORTERS EXTERNAL TARIFF FOOD INDUSTRY FREE ACCESS FREE TRADE GOVERNMENT REVENUE HIGH TARIFFS IMPORT DATA IMPORT DUTIES IMPORT SHARE IMPORT STATISTICS IMPORT TARIFF IMPORT TARIFFS IMPORTS INFLATION INTERMEDIATE INPUTS INTERNATIONAL BANK LOBBYING MARKET ACCESS MEMBER COUNTRIES METAL PRODUCTS MOST FAVORED NATION POLITICAL ECONOMY PREFERENTIAL STATUS SET OF TARIFF TARIFF CLASSIFICATION TARIFF COMMITMENT TARIFF COMMITMENTS TARIFF CUTS TARIFF DATA TARIFF EQUIVALENTS TARIFF ESCALATION TARIFF LEVELS TARIFF LINE TARIFF LINES TARIFF POLICY TARIFF PROTECTION TARIFF RATE TARIFF RATES TARIFF SCHEDULE TARIFF STRUCTURE TRADE AGREEMENTS TRADE DATA TRADE DISTORTIONS TRADE PERFORMANCE TRADE POLICY TRANSACTION TRANSITION COUNTRIES UNIFORM TARIFFS VALUE OF IMPORTS WORLD TRADE WORLD TRADE ORGANIZATION 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. 2012-12-21T19:42:14Z 2012-12-21T19:42:14Z 2012-08 http://documents.worldbank.org/curated/en/2012/08/16586021/impact-wto-accession-customs-union-bound-applied-tariff-rates-russian-federation http://hdl.handle.net/10986/12001 English en_US Policy Research working paper;no. 6161 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Russian Federation
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	AGRICULTURAL PRODUCTS APPAREL APPLIED TARIFF AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BILATERAL FREE TRADE AGREEMENTS CONCESSIONS CUSTOMS CUSTOMS UNION DEVELOPED COUNTRIES DEVELOPING COUNTRIES ECONOMIC DEVELOPMENT ENDOGENOUS TARIFF EQUIPMENT EXCHANGE RATES EXPORTERS EXTERNAL TARIFF FOOD INDUSTRY FREE ACCESS FREE TRADE GOVERNMENT REVENUE HIGH TARIFFS IMPORT DATA IMPORT DUTIES IMPORT SHARE IMPORT STATISTICS IMPORT TARIFF IMPORT TARIFFS IMPORTS INFLATION INTERMEDIATE INPUTS INTERNATIONAL BANK LOBBYING MARKET ACCESS MEMBER COUNTRIES METAL PRODUCTS MOST FAVORED NATION POLITICAL ECONOMY PREFERENTIAL STATUS SET OF TARIFF TARIFF CLASSIFICATION TARIFF COMMITMENT TARIFF COMMITMENTS TARIFF CUTS TARIFF DATA TARIFF EQUIVALENTS TARIFF ESCALATION TARIFF LEVELS TARIFF LINE TARIFF LINES TARIFF POLICY TARIFF PROTECTION TARIFF RATE TARIFF RATES TARIFF SCHEDULE TARIFF STRUCTURE TRADE AGREEMENTS TRADE DATA TRADE DISTORTIONS TRADE PERFORMANCE TRADE POLICY TRANSACTION TRANSITION COUNTRIES UNIFORM TARIFFS VALUE OF IMPORTS WORLD TRADE WORLD TRADE ORGANIZATION
spellingShingle	AGRICULTURAL PRODUCTS APPAREL APPLIED TARIFF AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BILATERAL FREE TRADE AGREEMENTS CONCESSIONS CUSTOMS CUSTOMS UNION DEVELOPED COUNTRIES DEVELOPING COUNTRIES ECONOMIC DEVELOPMENT ENDOGENOUS TARIFF EQUIPMENT EXCHANGE RATES EXPORTERS EXTERNAL TARIFF FOOD INDUSTRY FREE ACCESS FREE TRADE GOVERNMENT REVENUE HIGH TARIFFS IMPORT DATA IMPORT DUTIES IMPORT SHARE IMPORT STATISTICS IMPORT TARIFF IMPORT TARIFFS IMPORTS INFLATION INTERMEDIATE INPUTS INTERNATIONAL BANK LOBBYING MARKET ACCESS MEMBER COUNTRIES METAL PRODUCTS MOST FAVORED NATION POLITICAL ECONOMY PREFERENTIAL STATUS SET OF TARIFF TARIFF CLASSIFICATION TARIFF COMMITMENT TARIFF COMMITMENTS TARIFF CUTS TARIFF DATA TARIFF EQUIVALENTS TARIFF ESCALATION TARIFF LEVELS TARIFF LINE TARIFF LINES TARIFF POLICY TARIFF PROTECTION TARIFF RATE TARIFF RATES TARIFF SCHEDULE TARIFF STRUCTURE TRADE AGREEMENTS TRADE DATA TRADE DISTORTIONS TRADE PERFORMANCE TRADE POLICY TRANSACTION TRANSITION COUNTRIES UNIFORM TARIFFS VALUE OF IMPORTS WORLD TRADE WORLD TRADE ORGANIZATION Shepotylo, Oleksandr Tarr, David G. Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
geographic_facet	Europe and Central Asia Russian Federation
relation	Policy Research working paper;no. 6161
description	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.
format	Publications & Research :: Policy Research Working Paper
author	Shepotylo, Oleksandr Tarr, David G.
author_facet	Shepotylo, Oleksandr Tarr, David G.
author_sort	Shepotylo, Oleksandr
title	Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
title_short	Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
title_full	Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
title_fullStr	Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
title_full_unstemmed	Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation
title_sort	impact of wto accession and the customs union on the bound and applied tariff rates of the russian federation
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2012/08/16586021/impact-wto-accession-customs-union-bound-applied-tariff-rates-russian-federation http://hdl.handle.net/10986/12001
_version_	1764418678849273856

Impact of WTO Accession and the Customs Union on the Bound and Applied Tariff Rates of the Russian Federation

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