2011年9月14日星期三

Russia’2011 WTO Talk With EU


Russia's chances of joining the World Trade Organization in 2011 hinge on the European Union while the membership will hurt the country's energy-based Economics in the short-term.
The only issue holding up Russia's 18-year-old membership bid is eight-year tax breaks the government has granted to automakers to set up assembly operations
Russia, the biggest economy outside the global trade club, wants to get a membership deal done before elections next year at home and in the United States create political obstacles.
Dvorkovich said Russia would not change contracts signed with foreign carmakers to boost local production in a market set to become the largest in Europe.
Prime Minister Vladimir Putin, who has repeatedly expressed skepticism about the WTO, welcomed the deals and said Russia will not bow to the EU's demands.
Either Putin or Medvedev, who has taken a more liberal line on trade, could run for the presidency next March.
Deputy economy minister Andrei Klepach told Reuters Russia Investment Summit short-term economic consequences of the membership will be negative for the economy, forcing the country to violate WTO rules and face litigation machinery.

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