VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД FIND US ON: YouTube Twitter
breakingnews
Go to main page   Business   News   WTO to restart talks on Russian entry  

WTO to restart talks on Russian entry

Published: 27 May, 2008, 08:51

Hurdles remain in Russia's quest to join WTO

(2.5Mb) embed video

The World Trade Organisation agreed on Monday to resume talks on Russia's accession. However no deadline was set to complete the negotiations.

Russia still needs to satisfy other group members on issues like its state-run enterprises, export duties and agricultural subsidies.

Georgia has been blocking Russia's entry to the WTO because of Moscow's ties with the two breakaway republics of Abkhazia and South Ossetia.

Russia must also reach a bilateral agreement with Saudi Arabia over restrictions on investment in its oil and gas industry.

The talks will resume in June.

0 (0 votes)
 
Back to top
next MORE NEWS
26.05.2008, 22:06

Small firms call for tax cuts

Russia’s entrepreneurs are calling for a huge reduction in the tax burden on small businesses to help stimulate growth.

27.05.2008, 11:28

Interview with Aleksey Kudrin

Russia’s Finance Minister says  the country's National Welfare Fund will be worst hit by 4 billion dollar tax cuts. Alexey Kudrin admitted the concessions would strike the 32 billion dollar Fund, which also supports Russian pensioners.