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Ukraine To Fully Support Russia's WTO Bid - PM Tymoshenko

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  • Ukraine To Fully Support Russia's WTO Bid - PM Tymoshenko

    UKRAINE TO FULLY SUPPORT RUSSIA'S WTO BID - PM TYMOSHENKO

    RIA Novosti
    21:01 | 02/ 10/ 2008

    NOVO-OGARYOVO, October 2 (RIA Novosti) - Ukraine is ready to support
    Russia's bid to join the World Trade Organization (WTO), the Ukrainian
    prime minister said on Thursday.

    "Ukraine will fully support Russia's desire to join the WTO," Yulia
    Tymoshenko said at her meeting with Russian Prime Minister Vladimir
    Putin in the Moscow Region.

    Russia started WTO accession talks in 1995. The latest round of talks
    with the 153-member global trade organization collapsed in late July,
    but the top negotiator, Maxim Medvedkov, who is the director of the
    Russian Economic Development Ministry's trade talks department,
    said then that the parties could still return to the negotiating
    table later this year.

    Ukraine joined the WTO in May. The agreement of all 153 WTO members
    is necessary for a state to join the global trade body.

    Medvedkov also earlier said the absence of diplomatic relations with
    Georgia would not pose an obstacle for Russia's entry into the World
    Trade Organization.

    "There are a lot of countries in the world that do not maintain
    diplomatic relations. For example, this concerns the United States
    and Cuba, Armenia and Turkey, and many other countries. Therefore,
    the absence of bilateral relations, in principle, does not affect
    membership," he said.

    Georgia, which became a WTO member in 2000, broke off diplomatic
    relations with Russia after Moscow recognized the independence of
    Georgia's breakaway republics of South Ossetia and Abkhazia.

    Russia is the only major world economy still outside the WTO.

    From: Emil Lazarian | Ararat NewsPress
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