EU-RUSSIA DEAL
May 1st, 2004
BY KEITH NUTHALL
A WIDE-RANGING trade deal between Russia and the European Union (EU) has involved Moscow promising to maintain fixed tariff rate import quotas for fresh and frozen meat and poultry representing around Euro 600 million in sales annually - (15 per cent of the EU's food exports to the country). Russia has also promised to cap tariffs on all agricultural goods at an average of 13 per cent. The agreement should help gain Russia World Trade Organisation membership.
A WIDE-RANGING trade deal between Russia and the European Union (EU) has involved Moscow promising to maintain fixed tariff rate import quotas for fresh and frozen meat and poultry representing around Euro 600 million in sales annually - (15 per cent of the EU's food exports to the country). Russia has also promised to cap tariffs on all agricultural goods at an average of 13 per cent. The agreement should help gain Russia World Trade Organisation membership.
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