After experiencing itAfter more than 10 years of marathon and arduous negotiations, Russia is getting closer to its goal of joining the World w88 Organization. Russia originally wanted to sign a bilateral agreement with the United States on Russia's accession to the WTO in the middle of this month, thus clearing the biggest obstacle on the road to Russia's accession to the WTO. However, differences between Russia and the United States on meat quarantine, which was not considered a principled issue before, resulted in the two sides ultimately failing to reach an agreement, and Russia's accession to the WTO will be delayed. The picture shows Putin and Bush holding talks during the G8 summit. Photo by Xinhua News Agency reporter Xu Jinquan (file photo)
Russia and the United States have reached an agreement in negotiations and will sign an agreement this week
Russia, the largest economy still outside the World w88 Organization (WTO), inOn November 10, a key step in joining the WTO was completed: reaching an agreement with the United States on all principle conditions for a bilateral agreement to join the World w88 Organization. After 13 years of arduous negotiations, Russia is now just one step away from becoming the 151st member of the World w88 Organization.
Officially announced at the APEC meeting
On the 10th, the Russian Ministry of Economic Development and w88 issued a statement stating that Russia and the United States have reached an agreement on accession to the WTO, and now only need to finalize some details. The two sides are preparing to formally announce and sign the agreement during the Asia-Pacific Economic Cooperation (APEC) summit to be held in Hanoi, Vietnam this week, by US President Bush and Russian President Vladimir Putin. The Office of the U.S. w88 Representative also confirmed the news on the 10th. Both Russia and the United States hope to conclude the negotiation process for Russia's accession to the WTO as soon as possible.
The Associated Press commented that Russia’s entry into the WTO is proof to the world that Russia has changed fromRecovering from the economic crisis of 1998, the economy is full of vitality again. "The status of a member of the World w88 Organization means that Russian products can also enjoy preferential tariff treatment in the future, and free w88 will provide more opportunities for the sales of Russian products in the international market." Agence France-Presse reported that American entrepreneurs welcomed the end of bilateral negotiations between Russia and the United States. Farge, vice president of the American Manufacturing Federation, said: "This is a historic step. Russia is the largest economy that has not yet joined the WTO. It is too big to be excluded at all." The American Bond Financial Industry Federation said, "Russia's accession to the WTO is of great significance to both Russia and the United States. It will open the Russian market to American companies and provide Russia with American experts and funds."
American companies have urged Congress to resolve w88 issues with Russia left over from the Cold War as soon as possible. Since the Democratic Party has just won the U.S. midterm elections, American entrepreneurs are now calling on the Democratic Party to restore Russia's permanent normal w88 relations status as soon as possible, because without this status, even if Russia joinsWTO, both parties cannot fully enjoy the benefits it brings. Paokus, the leader of the U.S. Democratic Party in the Senate who is responsible for finance and w88 affairs, welcomed the agreement between Russia and the United States, but he also reminded that this is just the beginning and Russia still has a lot of work to do, especially in terms of intellectual property protection. In this regard, Russia's "Kommersant" commented that although Russia and the United States are close to signing a final agreement, from the current point of view, joining the WTO can only bring political benefits to Russia, while economic benefits need to continue to be fought for.
The United States is RussiaThe biggest opponent in the WTO accession negotiations in 2013
Russia’s path to WTO accession is not going smoothly.In June 1993, Russia formally applied for WTO accession, and relevant negotiations began in 1994. In accordance with the provisions of the World w88 Organization, the organization established a working group composed of member countries to study Russia's economic policies and foreign w88 systems in detail. Since the first group meeting was held in July 1995, there have been more than a dozen rounds of negotiations.
Join in RussiaAmong the bilateral negotiations in the WTO, the bilateral negotiations with the United States are the most important and the most difficult. The Associated Press report pointed out that the United States and Russia have been working hard to resolve differences for more than ten years. The problems between the two sides mainly exist over intellectual property rights, the export of American agricultural products to Russia, and the entry of American companies into the Russian banking and insurance markets. The two sides also have different opinions on Russia's human rights record and state control of major energy companies, which has delayed bilateral negotiations between Russia and the United States. Russia originally hoped to complete bilateral negotiations with the United States before the G8 summit in St. Petersburg, Russia, in July this year, but the two sides once again reached a deadlock over the quarantine issue of meat exports from the United States to Russia.
Why did the United States suddenly change its attitude
So, why did the United States suddenly change its attitude? Han Lihua, an expert at the China-Russia/CIS Research Center of the w88 casino, believes that in fact, the United States has set up obstacles to Russia's accession to the WTO. In addition to some economic conditions that must be met to join the WTO, there are also some political factors. Currently, the Bush administration is facing many difficulties. The Democratic Party gained control of Congress after the mid-term elections. In terms of diplomacy, issues such as Iran, North Korea and Iraq are all very difficult. The Bush administration needs Russia's cooperation on these issues. As long as Russia meets the demands of some American interest groups, the United States can reach an agreement with it. The Associated Press also analyzed that from a political perspective, the United States helping Russia on joining the World w88 Organization will help soften its hardline stance against sanctions on Iran.
Currently, Russia still needs to continue bilateral negotiations with Costa Rica, Moldova, and Georgia on joining the World w88 Organization. Russian Minister of Economic Development and w88 Gref expressed the hope to conclude all bilateral negotiations before the end of this year. According to Interfax predictions, Russia is expected to formally join the WTO in the middle of next year. Some US experts also believe that it will take more time for Russia to officially become a member of the WTO1-2 years.