- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

EU reiterates support for Russia's WTO accession in 2011

© RIA Novosti . Alexsey Druginyn / Go to the mediabankJosé Manuel Barroso
José Manuel Barroso - Sputnik International
Subscribe
The European Union supports Russia's efforts to enter the World Trade Organization (WTO) by 2011, European Commission President Jose Manuel Barroso said.

The European Union supports Russia's efforts to enter the World Trade Organization (WTO) by 2011, European Commission President Jose Manuel Barroso said.

Deputy Prime Minister Alexander Zhukov said on Wednesday Russia and the European Union will sign a document on Russia's accession to the WTO during the forthcoming December 7 Russia-EU summit in Brussels.

"I look forward to a successful Summit, with tangible progress in key areas: We just achieved a breakthrough on Russia's WTO accession and strongly support Russia's efforts to become a member in 2011," he said in a statement.

"This will strengthen trade and investment and contribute to shared growth," the European Commission President added.

Russia, the only major economy outside the global trade body, has been negotiating WTO membership for 17 years, although the average accession period is only five to seven years.

 

BRUSSELS, December 4 (RIA Novosti)

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала