Russia, Kazakhstan and Belarus suspend WTO entry talks
Maxim Medvedkov   /  Photo: www.ng.ru

Russia, Kazakhstan and Belarus suspend WTO entry talks

18 Jun, 02:43 PM

The delegations of Russia, Kazakhstan and Belarus, who have been working in Geneva, have suspended World Trade Organization entry talks, Russian website Gazeta.ru reports.

Russia and its ex-Soviet allies held consultations with World Trade Organization (WTO) members in Geneva on Wednesday about the possible format of accession negotiations between the Customs Union of Russia, Belarus, and Kazakhstan and the WTO, Maxim Medvedkov, the chief Russian negotiator for WTO accession, said.

"The Russian, Belarusian, and Kazakh delegations had an informal meeting with representatives of about 60 to 70 WTO member-states," Medvedkov said.     

The members of the emerging Customs Union informed the WTO member-states about the union and its intention to join the WTO, he said.     

"The discussion was quite tough," Medvedkov said. 

A number of countries suggested that this move could "significantly slow down the accession process, as there have been no precedents of customs unions' joining the WTO," he said.     

In  addition, a number of countries pointed out that, in line with WTO regulations, only customs unions mandated to regulate all trade relations falling under the WTO remit can negotiate their entry to the organization, he said. These relations must therefore concern both goods and services. The Customs Union being formed by Russia, Belarus, and Kazakhstan regulates only trade in goods.     

"There was a proposal for putting together a task force to examine how much the Customs Union complies with the WTO regulations," Medvedkov said.

Russia and its ex-Soviet allies Kazakhstan and Belarus are exploring different options for joining the World Trade Organisation as a customs union, amid legal uncertainties, Medvedkov said Wednesday.

Russia would come up with proposals on how to proceed, while safeguarding what has been agreed in individual negotiations so far. It would take weeks rather than months, he told reporters after briefing WTO members on the proposal.

Kazakhstan's chief WTO negotiator Zhanar Aitzhanova said WTO accession remained a key economic priority for the three states.

"All three countries have suspended bilateral and multilateral WTO accession negotiations until we find a common decision with WTO members on how we can accede to the World Trade Organisation... as a customs union or single customs territory," she told reporters.

 

Tags: Russia, Kazakhstan, Belarus, WTO,

Comments

ugg boots sale 2010 16 Jan, 03:58 PM

UGG Boots |UGG Boots uk Your toes never say lies, they love UGG Boots -Genuine Sheepskin Boots by

UGG Boots Sale Australia. LoveClassic Nightfall UGG Boots, Love Warmth bailey ugg boots. Another warmth boots is Classic Tall UGG Boots, From advanced running styles of

button ugg boots, we have everything you need for sports, fitness and outdoor activities. Shop men’s athletic shoes, ugg button boots for top brands. Are you thinking ahead to coldweather already? Before you know it, it will be time to break out your winter

bailey button ugg. This suede

Classic Short UGG Boots from UGG features a crocheted shaft with a cute tassle tie. The more you wear in them. the more slouchy the style will become.

And I think there are more things you will like it:

Bose headphones for sale is a good shop online, the

Bose headphones will become our good friend.

Bose on ear let us fell good, it is very comfortable. so you can

buy bose headphones online.

Bose in ear headphones do you want to have one. I have

Bose on ear, my friend has Bose in ear, what do you want to have?



Readers choice

Features

Gallery


Markets

USD / RUR 30,3735
EUR / RUR 41,6998
RTS Index 1397.64
RTS Standard 9304.77
RTS-2 Index 1502.79
RTS Oil & Gas Index 171.87
RTS Consumer & Retail Index 245.84
RTS Metals & Mining Index 234.49
RTS Industrial Index 136.32
RTS Electric Utilities Index 212.94
RTS Telecom Index 200.35
RTS Financials Index 380.53