Russia to enter the WTO not earlier than spring 2011
[28.06.10]
Russia could enter the WTO no earlier than spring 2011. Russian presidential aide Arkady Dvorkovich indicated this at the G20 summit in Toronto according to The Voice of Russia.
This statement came as an update on the agreement reached by Presidents Dmitry Medvedev and Barack Obama during the Washington summit. The two presidents pledge to come to accord on outstanding issues by September 30th 2011 and to join forces on bilateral level and with the participation of other WTO members to secure Russia’s membership in the global trade club at an early date. The United States has also pledged assistance and advisory support for Russia.
Both President Obama and his predecessors have repeatedly made statements to this effect throughout the 17 years that Moscow has been in talks on WTO membership. However, it’s the US that created a major barrier all along. But this should now come to an end, President Medvedev said. For the first time ever, the Russian and US leaders have voiced the WTO bid on paper, and for the first time they have set a clear deadline for winding up WTO talks. The US has welcomed a deal with Russia to put an end to a poultry spat between the two countries.
President Medvedev should take credit for getting a joint statement on Russia’s WTO bid on paper and negotiating a date for finalizing the deal. Russia’s ascension to WTO meets the interests of Russia, the United States and the rest of the trade community. President aide Arkady Dvorkovich gives next spring as the most likely time. A temporary lull from the end of September is due to technical details.
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[28.06.10]
