Suspention of MFN Regime is the Basis of Trade and Political Sanctions against Russia

Alexander A. Pakhomov – Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the spring of 2022, Group of Seven (G7) countries and their allies, as part of the sanctions pressure, made a coordinated decision not to apply the most favored nation (MFN) regime at the national level in trade in goods and services with respect to Russia. This extraordinary step will have far-reaching negative consequences for the functioning of the country’s foreign trade

The article was prepared as part of the research work of the state task of the RANEPA.

Key words: most favored nation regime, Russian Federation, sanctions, discrimination, World Trade Organization.

JEL-codes: F02.