Russia joins to the World Trade Organization

By: trademagazin Date: 2010. 12. 02. 13:37

Moscow and Brussels signed the document of the WTO accession on the 7th of December – said Russian Deputy Prime Minister Aleksandr Zhukov in Moscow. According to the report of  ITAR-Tass; Zhukov said, that  Russia's accession to the WTO, is foreign economic priority.

Russia is the worlds largest economy, without a WTO membership. Russia is working on the accession for more than a decade, but political or economic developments, were repeatedly blocked the process.

According to the rules of the WTO; any Member State can counteract the entry of a country. Russia seeks to become a member of the World Trade Organization, for 17 years now – reports Világgazdaság Online, after ITAR-Tass.

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