Russia stands for the success of the Bali package of WTO


On December 4, 2013 the second day of the 9th Ministerial Conference for WTO was opened with a plenary session, in which the head of each delegation of member countries of the World Trade Organization, who came to Bali, expressed the position about the prospects for adoption of the Bali package.

Russia stands for the success of the Bali package of WTO, but to gain it the member countries should temper their ambitions and decide on the adoption of innovations, said the Minister of Economic Development Alexey Ulyukaev, speaking at the conference of WTO.

"We simply can not afford to give up when we are so close to achieving the first agreements in the history of WTO. We can not afford to jeopardize and compromise the international trading system and shall not allow to replace it with regional trade agreements,” he said.

“I support the words of the President of Indonesia and the WTO Director-General - the Bali Package should be completed, especially in terms of the agreements on trade procedures and support for agriculture - it is an absolute priority. But there is no magic solution to the issue. We just need to agree on concrete steps to complete these negotiations,” said Alexey Ulyukaev.

He urged the countries who question the need to conclude the Bali package, to take into account its importance for further development of the WTO and global trade. “Two years ago, when we celebrated the accession of Russia to the WTO in Geneva, and thought that Russia becomes a part of an organization that has opportunities for development, solutions of emerging issues, creating new rules," admitted the Minister of Economic Development.

During 17 years of accession to the WTO, Russia has learned to understand the complexity of negotiations in this organization. According to the Minister, now we realize how difficult it is to find a balance between the different interests in the multilateral, multicultural and multilingual system. “It's difficult, but there is no other way of solving problems there,” he said.

"We need to temper ambitions, because there are no other opportunities to reach an agreement. We should not fall below the bar which will replace the obligations with intentions destroying the balance achieved in Doha," believes Ulyukaev.

He recalled that Russia knows based on it own experience how painful it is sometimes to implement innovations when there are hundreds of arguments why you should not do that.

"Try to bring yourself to this - and perhaps a consensus at the WTO will be easier to find, and it must be found. Russia confirms that it will do its best to achieve it," concluded the Minister.