
Maxim Medvedkov / Photo: www.ng.ru
Russia, Kazakhstan and Belarus suspend WTO entry talks
18 Jun, 02:43 PM
The delegations of
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
"There was a proposal for putting together a task force to examine how much the Customs Union complies with the WTO regulations," Medvedkov said.
"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.
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