Russia’s agricultural sector: import substitution and WTO membership

Authors

  • Sergey Ivanovich Belenchuk Russian State University for the Humanities (RGGU)
  • Maria Andreevna Konovalova Russian State University for the Humanities (RGGU)

DOI:

https://doi.org/10.24412.2072-8042-2019-00124

Keywords:

agricultural sector, WTO, sanctions, embargo, import substitution, security, subsidies

Abstract

The article considers the issues of Russian agricultural sector development in the context of WTO membership and Western sanctions against Russia. As a result, instead of increasing food imports, Russia focused on promoting import substitution and made significant progress due to the implementation of state import substitution programs and rather quick adjustment of the sector to the requirements of the WTO. Despite the fact that the sanctions against Russia de facto go beyond the jurisdiction of the WTO, Russia did not neglect its obligations under the WTO. On the contrary, Russia has become an active supporter of maintaining the role of the WTO as the key link in the international trading system.

Author Biographies

Sergey Ivanovich Belenchuk, Russian State University for the Humanities (RGGU)

Candidate of Economic Science
Place of work, post: Russian State University for the Humanities (RGGU) (125993, Moscow, Miusskaya Square, 6) - acting Head of the Department of World Economy

Maria Andreevna Konovalova, Russian State University for the Humanities (RGGU)

Place of work, post: Russian State University for the Humanities (RGGU) (125993, Moscow, Miusskaya Square, 6) - Master’s 3rd year student

Published

2024-02-08

How to Cite

Belenchuk, S. I., & Konovalova, M. A. (2024). Russia’s agricultural sector: import substitution and WTO membership. Russian Foreign Economic Journal, (12), 40–50. https://doi.org/10.24412.2072-8042-2019-00124

Issue

Section

Foreign trade activity