Reuters: Russia rejects 1.4 billion euro EU sanctions claim in WTO dispute

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Russia said on January 8 it would contest efforts by the European Union to impose 1.39 billion euros ($1.67 billion) in trade sanctions over a World Trade Organization dispute.

The EU said in December it was seeking authorization to impose the annual trade sanctions, alleging Russia had failed to comply with a WTO ruling on pigs and pork.

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