WTO Approves Russia’s Entry into the Organization

The WTO’s Ministers welcomed Russia as a new member to the Organization and named this accession a historic moment. The Working Party on the Accession of the Russian Federation was established on 16 June 1993 and was the accession package was adopted on 10 November 2011. The membership will become effective only after being ratified by the Russian Parliament (Duma) and it may do this sometime in the middle of 2012.
 
The World Trade Organization (WTO) deals with the global rules of trade between nations in order that trade flows as smoothly and freely as possible. Headquartered in Geneva in Switzerland, the WTO is grouping some 150 countries.
Advertisements

,

  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: