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The entry of Russia into the WTO gets closer
Russia
Monday 06 December 2010
FJ
The entry of Russia into the World Trade Organization will facilitate trade and exports.
Russia expects to get support from the European Union for its entry into the World Trade Organization during the summit next Tuesday.
The first Russian Prime Minister, Igor Shuvalov, announced that Russia and the EU had overcome all the differences over Moscow's accession to the organization.
Formal approval of the EU is one of the last obstacles to the candidacy of Russia. A document should be signed at the next Russia-EU summit, scheduled for December 7th in Brussels.
Moscow has also completed in October last long and complex negotiations with Washington. Accession to the WTO takes on average 5 to 7 years, Russia is negotiating its entry to the WTO since 1993.
Source: Ria novosti
