The problem of economic sanctions against the Russian Federation and the implementation of the principles of WTO law
An economic sanction is the absence of trade and economic exchange between different countries with a country for the purpose of punishment for political and military reasons. The article states that the Western sanctions imposed on the Russian Federation in 2014 are incompatible with world trade and WTO law and violate, in particular, the rules of market access and the most-favorednation principle. It is concluded that due to the lack of relevant WTO judicial practice, it is difficult to determine with certainty the legality of the sanctions imposed by Western states against Russia. While some of its trade restrictions may at first glance violate various provisions of the GATT and the GATS (for example, the most-favoured-nation principle, market access and the prohibition of quantitative restrictions), they seem to be justified in the security area by the exceptions provided for in both agreements.