RUSSIA’S ACCOUNTING SYSTEM ENTERS A NEW INTERNATIONAL ERA
January 1st, 2012
BY EUGENE VOROTNIKOV, IN ST PETERSBURG
IF truth be told, the international image of Russia could so with some burnishing: the Georgia conflict did not help, and the western view is often one of a backward country kept afloat by a sea of oil and whose sails are filled by plentiful natural gas. But this is not a fair assessment. Quietly, Russia is changing. In December, the World Trade Organisation (WTO) approved Russia's membership after 18 years of negotiations. This was secured after Moscow made promises including a guarantee of the legal right of foreign ...
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