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Russia welcomes new document on WTO accession

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MOSCOW, April 29 (RIA Novosti) - Russia has coordinated with its partners a new report on progress of the working party for the country's accession to the World Trade Organization, Moscow's chief negotiator at the talks said on Tuesday.

The new document summarizing progress on the long-running multilateral negotiations on Russia's accession to the WTO was adopted despite Georgia's demand that Moscow reverse its decision made earlier in April to strengthen ties with Georgia's breakaway provinces of Abkhazia and South Ossetia.

The coordinated text of the report "has enabled us to make a big step forward and secured the support of trade partners," Maxim Medvedkov said after the completion of the latest round of multilateral WTO negotiations in Geneva.

The old version of the WTO working party report was issued back in 2004.

Russia has been seeking membership of the WTO since 1993. So far, Russia has concluded bilateral talks with over 60 states but still needs to complete discussions with the WTO members - Saudi Arabia and Georgia - that have trade disagreements with the country.

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