RUSSIA WTO MEMBERSHIP LOOMS AFTER GEORGIA DEAL SECURED
November 1st, 2011
BY KEITH NUTHALL
EUROPEAN steel makers are having doubts about the anticipated agreement allowing Russia to join the World Trade Organisation (WTO), fearing a boom in exports of Russia rolled steel into the European Union (EU). Imports of coils, heavy plate, other flat products, alloyed products, alloyed quarto plates, alloyed cold-rolled and coated sheets, long products, beams, wire rods and other long products are currently capped by an EU quota of 3.2 million tonnes. This quota would lapse upon Russia joining the global trade body and this has now become far ...
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