Russia has entered to take part of the World Trade Organization



Today Russia, to conclusion of long negotiations begun in 1993, has entered to take part of the World Trade Organization (WTO) becoming 156th the nation to join to the World-wide Organization of the Commerce and will be continuation next friday from Vanuatu. "Both the adhesions - the general manager of the World Trade Organization has commented, Pascal Lamy - demonstrate that the income in the continuous WTO to being on top of the agendas of the nations since the commerce can carry stable and expectable bases for the economic increase. This is particularly important since the world is going towards difficult times and continues to suffer for one from gets worse total economic crises of which memory is had. The adhesion to the WTO is a sign of confidence in confronts of the organization and in that it can offer to its associates".

The EU commission has evidenced as the adhesion of the Russian Federation to the World-wide Organization of the Commerce is particularly important for the EU as this last one is the main commercial partner of the Russia that, in its turn, is the third commercial partner of the European Union. "The today's adhesion to the WTO - it has found the European commissioner to the commerce, Karel De Gucht - is a great step ahead for ulterior integration of Russia in the world-wide economy. It will facilitate exchanges and investments, will stimulate the modernization of the Russian economy and will offer enormous opportunities are to the Russian enterprises that to those Europeans. I believe that Russia will adhere to the assumed engagement to satisfy the rules and the norms of the international commerce".

The EU commission has explained that the adhesion of Russia to the WTO will have a positive impact on the conditions of the commerce and the investments between Russia and EU and that the geographic position of Russia and the dimensions of its market in terms of volume and ability of increment of it makes an important commercial partner of the European Union. As a result of the adhesion to the WTO - it has specified Brussels - Russia will have among other things to reduce remarkablly the custom offices to the import, to limit the subsidies to the export, to afford to the suppliers of services of the EU a easyr access at the market and to slim norms and procedures in numerous fields that influence on the bilateral economic relations. Particular relief will have the regulations on the customs procedures let alone the introduction of sanitary measures, technical norms and the protection of the intellectual property.

Last year the exports EU towards Russia have totaled a value of 108 billion euros and the imports EU from Russia of 199,5 billion euros. The main exports EU towards Russia are: motors vehicle (seven billions of euro), medicines (six billions of euro), parts of motors vehicle (3,5 billion euros), telephones and they accessories (2,5 billion euros) and tractors (a billion of euro). The imports EU from Russia regard raw materials above all and in particular: oil (refined crude oil and: 130 billion euros) and gas (24 billion euros). The EU commission has emphasized that for these and others important raw materials Russia has been engaged to limit the custom offices to the export. The main innovations as a result of the adhesion of Russia to the WTO - it has specified Brussels - at the market regard the best one approached of the goods and services. The custom offices to the import of assets will come down from current 10% about to an average of 7.8%. In some important fields (automobiles), the reduction of the custom offices to the import will be greater (will diminish from 30% to 25% to the action of the adhesion and, after seven years, to 15%). Esteem that the general tariff reduction will make to save to the exporter EU per year 2,5 billion euros of custom offices to the import and that the reduction of the rates will per year stimulate exports EU towards Russia for 3,9 billion euros.

The European Union, with investments for 120 billion euros about in 2010. is the greater foreign investor in Russia. In the 2010 Russian investments in the EU they are piled to 42 billion euros.