Russia Says WTO Membership by July Is ‘Realistic’
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Russia may join the World Trade Organization in the first half of 2011, attracting investors and opening markets for the country’s exporters, Economy Minister Elvira Nabiullina said after the European Union agreed to settle issues that had stalled the bid.
Nabiullina and EU Trade Commissioner Karel De Gucht signed an accord yesterday that sets out terms for resolving “key questions” between Russia and the bloc. So-called multiparty talks on broader issues such as agricultural subsidies, meat imports and Russia’s customs union with Belarus and Kazakhstan should be resolved by the end of June, Nabiullina said.