Russia Changes Its WTO Strategy
Published at: online.wsj.com
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Russia Changes its WTO Strategy
June 22, 2009
Moscow's unexpected change of heart over WTO accession has done nothing to help Russia join this organization. Russian decision to abandon its separate WTO bid and start new accession talks to join WTO together with other members of its Customs Union - Belarus and Kazakhstan - means a complete change of negotiating format and positions and an actual revision of previous provisional aggrements already...
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June 15, 2009
Russia's WTO announcement is important for four reasons beyond international trade. Russia, like the Nazis in the 1930s is desperqate to shore up its currency by forging a trade bloc based around the ruble and by undermining the sovereignty of its neighbors by compelling them to join it. Since it is unlikely this announcment was coordinated with Belarus and Kazakhstan it shows Moscow's...
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Have Russia, Kazakhstan and Belarus Decided WTO is Passé?
June 9, 2009
Since 1947, many nations have agreed that more or less uniform global trade rules are in the best interests of the global economy. The General Agreement on Tariffs and Trade (GATT) and its successor organization the World Trade Organization (WTO) reflect this consensus. A major benefit of this system is that companies seeking to do business across borders can receive some assurance that their...
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