I. HOT ISSUE
Ukraine's renegotiation request raised concerns among its
WTO trading partners1
Nearly 60 countries raised concerns over the "systemic
and commercial" implications of Ukraine's request to
renegotiate its tariff schedule at the meeting of the WTO Committee
on Market Access on October 16, 2012. The group included such
countries as Canada, the US, the EU, Brazil, Turkey, Korea, Japan,
China and others. "The EU is of the firm opinion that the
procedure under Article XXVIII of the General Agreement on Tariffs
and Trade 1994 (GATT) is not meant for renegotiating a
significant part of the accession commitments of WTO
members," the EU Ambassador, Angelos Pangratis, told on
October 3, 2012 at the General Council meeting. "The EU
considers that Ukraine's request raises very serious systemic
concerns as it risks undermining the credibility of members'
commitments to their WTO obligations".