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Political issues remain the only setback on Russia´s way to WTO - PM Vladimir Putin 12.10.2011, 14:11 2 comments

PM: Only politics is holding back WTO accession

Russian Prime Minister, Vladimir Putin, says the country is looking to accede to the WTO by the end of this year but says political questions remain to be addressed, with analysts saying the short term impact of accession could be limited.

WTO headquarters 10.10.2011, 20:13

Georgia says no to Russia’s WTO membership

Russia's chances of joining the WTO have become very slim, as Georgia has refused to approve the country’s accession.

World Trade Organization headquarters in Geneva 05.10.2011, 21:04

Car assembly deal removes roadblock to Russia’s WTO accession

Russia has moved one step closer to accession to the World Trade Organization after it agreed rules of car assembly with the US.

AFP Photo / Fabrice Coffrini 21.06.2011, 11:30 5 comments

Russia and WTO: the final countdown

Russia is looking to become a WTO member by the end of 2011, with Russian President Dmitry Medvedev noting that Russia has already accepted several concessions.

Russia and WTO: the green light?

Published: 27 October, 2011, 20:05
Edited: 22 November, 2011, 16:55

Georgia okays proposals  of Swiss mediators on Russia´s WTO accession

Georgia okays proposals of Swiss mediators on Russia´s WTO accession

TAGS: Markets, Russia and the global economy, Big deal, WTO


Georgia has agreed to new proposals on Russia's WTO accession, paving the way for its larger neighbor to become a WTO member in the near future. Russia has yet to respond to the move.

After 18 years of negotiations over Russia’s accession, Thursday’s move represents a breakthrough, as it appears the political dispute with Georgia – one of the main blocking points – may soon be resolved.

The two countries have been unable to find a compromise about controls over the movement of goods at Russia’s border with Abkhazia and South Ossetia. Now, Georgia has proposed introducing an electronic exchange of data on trade and international border control at the frontier between Russia and the two countries that Georgia considers to be part of its territory, Sergi Kapanadze, head of the Georgian delegation, told the meeting in Geneva.

However, Russia has not yet replied, with Kapanadze noting that "progress in the negotiating process depends on whether Russia will take a constructive position, while the Georgian side hopes that its new proposals set the basis for that.”

Russia’s authorities have been wondering whether it had any real chance of joining the WTO this year, with Elvira Nabiullina, head of Russia’s Ministry for Economic Development, taking pessimistic a stance and noting that “we have huge risks there.” President Dmitry Medvedev, on the other hand, has been more optimistic, claiming that Russia is better-prepared than any other country to join the WTO.

“As for WTO, I assume it is realistic to expect to complete the job this year, unless political games start again,” Medvedev said.

All eyes are on Russia to see how it responds to Georgia’s latest move.

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Business RT discusses EU decision with VTB Capital analyst 27.10.2011, 18:21 1 comment

EU rescue plan: what’s ahead?

As the European Union agrees a rescue plan for indebted countries, with Russia and China likely to play an active role, Business RT discussed the initiative with Aleksandra Evtifyeva, senior economist at VTB Capital.

Ben Aris, editor - in - chief of Business New Europe, says there are no obstacles remaining for Russia to join WTO 27.10.2011, 20:12 1 comment

Business New Europe: WTO accession - a Christmas present for Russia

As all eyes are on Russia to see how it responds to Georgia’s latest move regarding WTO accession, Business RT discusses the issue with Ben Aris, editor - in - chief of Business New Europe.

Nay Lin Maung October 28, 2011, 02:05
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In this case, [Russia and WTO: the green light] I am going to ask for my self.

 

I am going to catch for bigger fishes or smaller fishes at the pools.

 

If I am going to catch for bigger fishes at the pools, I have to give up smaller fishes at the pools.

 

In return, I am not going to give up for easily.

 

As a result, I am going to come out another plan how to catch for this smaller fishes again at the same pools.

Nay Lin Maung October 28, 2011, 02:01
0

It is smart move done from the Georgia.

 

It looks liked big brother is always watching what Russia and other unknown public are trading each other.

 

It is no doubt it.

 

It is very risky for the leadership of the Russia Federation to decide.

 

 

 

 

 

Nay Lin Maung October 28, 2011, 01:56
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I agree that it is huge risk for the Russia Federation.