Sunday, October 30, 2011

Issues against Joining WTO for Russia solved soon

After 18 years negotiations, Russia commented that she can solve issues soon, which have been obstacles to join the World Trade Organization. It is estimated that annual GDP of Russia will go up by 11 percent in a long run. Although some Russian experts are opposing as gains in a short term is thought to be as 3.3 percent and small industries may face difficulty to compete world market, a national research group in Russia presume that it is necessary to join the organization in the condition of economic crisis.





http://www.nytimes.com/2011/10/31/world/europe/russian-aide-hopeful-wto-issues-can-be-resolved-soon.html?ref=global-home





Natsumi Tsuchiya

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