RUSSIA’S MOVE TOWARDS WTO MEMBERSHIP HAS LOCAL AUTOMAKERS WORRIED
September 1st, 2011
BY ELENA SMIRNOVA and KEITH NUTHALL
Russia's automobile manufacturing sector could by the end of this year face tougher competition from abroad, if the current plans to agree the country's membership of the World Trade Organization (WTO) come to pass. The chair of the WTO working party charged with negotiating a complex agreement allowing Russia into the global trade body announced a timetable this summer that would see trade ministers approve Russian membership between December 15 and 17. This is when the WTO stages its next ministerial meeting, which takes all ...
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