May 18, 2022
1 min read

Russia mulls leaving WHO, WTO

It comes after Western countries cut off large parts of the Russian economy from the global trade via sanctions, with hundreds of Western businesses pulling out of the country to protest the war…reports Asian Lite News

Russia may sever ties with prominent global bodies as President Vladimir Putin continues to isolate his nation from the West following the invasion of Ukraine, Daily Mail reported.

Moscow’s Foreign Ministry on Tuesday sent a list of international organisations to the parliament, with orders to review it and break ‘obligations [or] treaties which do not bring benefit, but direct damage to our country’, deputy speaker Pyotr Tolstoy said.

The World Health Organization (WHO) and the World Trade Organisation are among the names on the list, Russian news agencies reported.

It comes after Western countries cut off large parts of the Russian economy from the global trade via sanctions, with hundreds of Western businesses pulling out of the country to protest the war.

The WHO member states have already tried to force the health body, which typically avoids taking a stance on politics, into taking action over the invasion, Daily Mail reported.

Just last week, they had voted in favour of a non-binding resolution condemning Russian attacks on Ukrainian healthcare facilities, and the effect of the war on public health.

The same resolution also called on WHO chiefs to consider closing their office in Moscow and relocating it outside the country.

Russia condemned the resolution as “exclusively political in nature” and said it had no bearing on healthcare provisions in either country.

Plans to withdraw from the WTO, which sets benchmarks for global trade for its members, have been tabled in Moscow many times before.

Russia only joined the global body in 2012 after 19 years of negotiations, with many viewing some of its terms as unfavourable to Moscow while also giving the West a tool with which to punish the country.

ALSO READ: Russia accuses US of sending terrorists to Ukraine

Previous Story

Twitter hit by resignation spree amid Musk-Agrawal spar

Next Story

‘US readying $500 Mn military package for India’

Latest from -Top News

India Tightens Checks on Chinese Imports

India has ramped up monitoring of Chinese imports amid growing concerns of cheap goods being redirected into the Indian market following the United States’ steep tariff hike on Chinese exports. Commerce Secretary

Economists Warn of Impending US Recession

Leading global brokerages and economists are sounding alarm bells over the likelihood of a US recession, following the Donald Trump administration’s announcement of sweeping reciprocal tariffs on foreign imports. JPMorgan Chase &

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel
Go toTop

Don't Miss

India-EU FTA talks to focus on digital trade, data security

Speaking at the time, EU commissioner for trade Valdis Dombrovskis

EU reaches $18.93 bn deal on Ukraine aid

The deal allows Orban to claim victory because he was