RUSSIA WTO MEMBERSHIP LOOMS AFTER GEORGIA DEAL SECURED
November 1st, 2011
BY KEITH NUTHALL
EUROPEAN Spirits Organisation (CEPS) has welcomed the likely accession of Russia to the World Trade Organisation (WTO), following the deal struck with Georgia over the weekend. This was the last key obstacle preventing Russia's membership being approved, hopefully at a WTO ministerial meeting at Geneva, December 15-17. This would lead to Russia reducing tariffs across the board (Scotch whisky tariffs by 25%), and adopting internationally-agreed rules on licensing, guarantees, technical regulations and health standards, making trading more ...
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