Skip to main content
BBC NEWS / BUSINESS
Graphics VersionBBC Sport Home
News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

Friday, 16 June 2006, 14:16 GMT 15:16 UK

Russia sees WTO entry next month

Russian President Vladimir Putin Russian President Vladimir Putin has voiced optimism that negotiations with the World Trade Organization (WTO) over membership may be finalised next month.

Mr Putin said Russia could sign the protocol before the G8 meeting of the world's eight most industrialized nations in St Petersburg in July.

Russia's attempts at WTO membership have stalled, amid accusations that it is being judged too harshly by the US.

The US is the only member of the WTO not to have approved Russia's entry.

'Established practice'

The US has questioned Russia's human rights record, its control of key energy resources, enforcement of intellectual property rights, and restrictions on foreign companies doing business there.

"Unfortunately, the position of the American negotiators changes often and they return to questions that we thought had been solved earlier," Mr Putin said on Wednesday.

"This does not correspond to established practice," he complained.

Russia has been waiting for a decade to join the WTO.

Moscow has become increasingly frustrated by the lack of progress made regarding membership and last month said that US firms may lose business if the delays and problems were not resolved.

Also on Friday, Russia's statistical office said the economy grew by 5.5% in the first three months of 2006 compared with a year earlier.

Russia's gross domestic product (GDP) expanded by 6.4% in 2005, and 7.2% in 2004.



E-mail this to a friend
Related to this story:
Russia wields oil weapon on WTO (18 May 06 |  Business )
Russia WTO talks 'make progress' (21 Feb 05 |  Business )
BASF and Gazprom seal gas deal (27 Apr 06 |  Business )
Russia's Gazprom eyes British Gas (26 Apr 06 |  Business )
Gazprom warns EU to let it grow (20 Apr 06 |  Business )
US and Russia push nuclear power (16 Mar 06 |  Business )

RELATED INTERNET LINKS
WTO
US Trade Representative
The BBC is not responsible for the content of external internet sites



SEARCH BBC NEWS: 

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

NewsWatch | Notes | Contact us | About BBC News | Profiles | History

^ Back to top | BBC Sport Home | BBC Homepage | Contact us | Help | ©