Negotiations on Russia’s Accession to the WTO Rounded-off
On November 10, 2011, the negotiations on Russia’s accession to the World Trade Organization (WTO) were closed in Geneva.
The Russian delegation was headed by Maksim Medvedkov, Director of the Department of Trade Negotiations at the RF Ministry of Economic Development and Trade.
The Working Group (WG) of 62 WTO members (the EU being one member) preliminary approved a suit of documents for Russia’s accession. The documents include a List of obligations on goods, List of obligations on services and the WG’s Report that describes the Russia's trade regime and system commitments, confirming compliance of the regime with the WTO rules.
These documents with the results of bilateral negotiations held by Russia with 57 WTO members (on goods) and 30 WTO members (on services), as well as multilateral negotiations on the systemic commitments, will be submitted to the Eighth WTO Ministerial Conference scheduled for December 15–17, 2011. Once the documents approved, the Russian Federation will have 220 days for their ratification.