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Russia WTO Acceptance by 2009

March 14th, 2008 · No Comments · Russia Trade

Russia is expected to finish negotiations for acceptance as a full member of the World Trade Organization (WTO) by 2009 according to Xinhua News.

Since 1993, while Russia has concluded bilateral talks with more than 60 WTO member countries, there are still three more countries that are required as Russian trade partners: Saudi Arabia, the United Arab Emirates and Georgia.

The deal breaker is Georgia if the Russian government fails to close down its border checkpoints with Georgia’s break off regions of Abkhazia and South Ossetia.

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