With a stroke of a pen on Friday evening Russia joins the World Trade Organisation, something that’s been a long time coming. Experts agree the end of the eighteen year courtship with the WTO will not bring immediate results for Russian economy. Immediately it will seriously hit a number of uncompetitive industries, such as agriculture [...]
Tag: world trade organisation
December 16, 2011
October 27, 2011
Russia on cusp of joining WTO after Georgia compromise
Russia finally appears on the verge of success in its 18-year quest to join the World Trade Organisation after Georgia lifted its long-held opposition to Moscow’s membership. Russia is the only major trading nation that remains outside the WTO, a source of embarrassment for a country that considers itself a major economic power. Georgia’s opposition [...]
