The US authorities have deprived the Russian economy of the status of a market economy due to the increased influence of the state on it, the Ministry of Commerce said. This decision, according to the ministry, will give the United States the opportunity to “full force” to apply national anti-dumping legislation against Russia and reduce pressure on US enterprises due to “unfair import operations.”
According to the Russian Ministry of Economic Development, the US Department of Commerce recognized the Russian economy as a market economy in 2002. Prior to this, Russia was considered a country with a “non-market” economy, which worsened the ability of Russian exporters to protect their interests and led to inflated anti-dumping duties by the United States.
RIA Novosti (@rian_ru)
