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Medvedev Speaks Out Against U.S. Sanctions at St. Petersburg Forum

Published: June 21, 2014 (Issue # 1816)



  • Dmitry Medvedev speaking Friday at the fourth St. Petersburg International Legal Forum.
    Photo: Government.ru

Russia is taking its complaints against the sanctions-happy U.S. to the World Trade Organization, having sent the international body a communique that accuses Washington of failing to fulfill its trade obligations, Prime Minister Dmitry Medvedev said Friday at the fourth St. Petersburg International Legal Forum.

The White House's sanctions against Russia arrived in three waves in May and April following Russia's annexation of the Crimean peninsula in March. The most recent sanctions list targeted 17 companies — including several banks — owned by the likes of Arkady and Boris Rotenberg, Gennady Timchenko and Yury Kovalchuk, all of whom are believed to be President Vladimir Putin's personal friends. The sanctions led to the refusal of international payment systems Visa and MasterCard to service several Russian banks, in response to which Russia has taken steps to create its own national payment system in order to reduce dependence on the two companies.

In comments published on the government's website, Medvedev said that the sanctions violate WTO rules by discriminating against the suppliers and goods of another country, and that members of the organization have the right to make use of the "protection mechanisms" that it provides. However, he said that Russia's chances of winning the suit are slim due to the considerable clout he feels the U.S. wields in the organization. Russia joined the WTO in 2012.

"The question, of course, is which account of the legitimacy of the sanctions the WTO will accept, but it gives us the opportunity to evaluate the objectivity and impartiality of the organization," Medvedev added.

The possibility of Russia contesting the sanctions has been brewing for some time — as early as April, Russia's Economic Development Minister Alexei Ulyukayev said Moscow was considering filing a lawsuit with the WTO over the United States' sanctions against Russian banks. Later that month, Reuters reported that Russia had circulated a confidential document at the organization setting out its grounds for launching a trade dispute.





 


ALL ABOUT TOWN

Thursday, Nov. 27


The Customs and Transportation Committee for AmCham meets this morning at 9 a.m. in their office on Ulitsa Yakubovicha.


Tickets are still available for local KHL team SKA St. Petersburg’s showdown with Siberian club Metallurg Novokuznetsk tonight at 7:30 p.m. in the Ice Palace outside the Prospekt Bolshevikov metro station. Tickets can be purchased on the team’s website, at the arena box office or in their merchandise store on Nevsky Prospekt.


Celebrate one of Russian literature’s most tragic figures during Blok Days, a two-day celebration of the 134th anniversary of the poet’s birthday. The tragic tenor’s work, which led to writer Maxim Gorky to hail him as Russia’s greatest living poet before his death in 1921, will be recited and meetings and discussions about his contributions to the Silver Age of literature in St. Petersburg will be discussed in the confines of his former residence.



Friday, Nov. 28


Join table game aficionados at the British Book Center’s Board Game Evening. Held every Friday at 5 p.m., aficionados and amateurs alike can come take part in a variety of different games that test one’s intellect and cunning.



Saturday, Nov. 29


Cats, dogs, birds, rodents and reptiles are just some of the things that will walk and crawl at Lenexpo convention center this weekend as part of Zooshow, a two-day exhibition featuring not only man’s best friends but a four-legged fashion show, as well as a food fair that will help pet owners find out more about which kibbles are best for their hungry pets.



Sunday, Nov. 30


Remember the 75th anniversary of the beginning of the Russo-Finnish war in 1939 during today’s reenactment titled “Winter War: How it Was.” More than 200 people will take part in recreating the opening salvoes of the battle for the north in Kamenka, a small village situated between Vyborg and St. Petersburg, using authentic equipment and vintage vehicles from the era. The faux battle begins at 2 p.m.



Monday, Dec. 1


Serbia filmmaker Emir Kusturica is the featured guest this evening at the Lensovet Palace of Culture the Petrograd Side. Fans of the director will get the chance to watch his movie “Black Cat, White Cat,” as well as ask questions about his award-winning filmography. Tickets for the event, which starts at 7 p.m., start at 2,000 rubles ($42.50).



Tuesday, Dec. 2


Today is the final day of “Takoy Festival,” a three-week program of plays based on the works of Dostoevsky, Remarque and other famed European writers, whose work is transcribed for theatrical performances. Tonight’s festival finale is “Fathers and Sons,” a two-act drama staged by the Novosibirsk Academic Drama Theater based on Turgenev’s classic about familial relations.



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