Rus News Journal

Russia halfway from the WTO

Yesterday the governmental commission under the direction of vitse - the prime minister and the minister fin
  Russia halfway from the WTO
Yesterday the governmental commission under the direction of vitse - the prime minister and Minister of Finance Alexey Kudrin summed up a long-term campaign of Russia in the World Trade Organization (WTO). Also tried to find out, whether long still there to go. It has turned out that as much again.

to Access to WTO, to be exact, in GATT (the general agreement on tariffs and trade) there began still Soviet Union. Since then were both failures, and successes, up to the promise friend Bill to friend Boris Personally to promote Russia`s accession to the World Trade Organization acceleration that essentially would facilitate protection of its exporters against antidumping prosecutions in the world markets. Without it Russia has not enough chances to leave from role of the world supplier of raw materials. Yesterday it became clear that on this way it is already much made.
the accession to WTO essence is a coordination of the foreign trade tariffs, conditions of subsidising of internal manufacture and the admission on the markets, including the market of bank and insurance services between the country - the entrant and members of the organisation. Naturally, the entrant defends the protective mechanisms, old residents them challenge. And so, to 50 % of commodity positions of the Russian import tariff any more does not cause objections of members of the WTO. It is valid achievement, considering that the named 50 % include also the agricultural goods, and this branch always was a sore point of the Russian economy. From the remained 50 % of positions on 20 % of the decision can be without effort found, and here on 30 % of the decision should be political: from Russia the furniture, tobacco, wine demand essential decrease in duties on cars, to the aircraft technician.
to solve the remained questions for Russia is more effective, co-ordinating them to others. For example, with level of admissible grants for agriculture or for export. Russia intends to direct to a selection committee of the WTO of the offer to establish a marginal level of agricultural subsidising in $16 mlrd in a year, export - in $700 million these Figures with the Russian realities have very little the general. The federal budget for 2001 gives to agriculture only 20 mlrd rbl., that is in one thousand times less than the boundary declared in the WTO. In other words, it is a stock for negotiations on the yet not co-ordinated positions. There is also other possibility to affect members of the WTO. Negotiations about the admission on the Russian market of foreign banks and the insurance companies proceed. Clearly that concessions here will depend on tractability of partners, say, concerning import duties on planes or cars.

ANDREY - HOOKS