Moscow and Ottawa to agree on Russia's WTO accession in 2005


MOSCOW — Moscow and Ottawa are going to end talks on Russia's WTO accession before the end of this summer, head of the trade negotiations department of the Economic Development and Trade Ministry Maxim Medvedkov has told journalists. He hopes that a compromise could be reached at talks, which the two parties are to hold in South Korea on June 2-3. According to Medvedkov, Canada's requirements are the same at the US': the two countries want Russias to make its services market open and to lower tariffs on imported aircraft. Last week Russia ended talks with Indonesia on the issue, Medvedkov said. Moscow has also compromised with Mexico on signing a corresponding protocol.

After being granted WTO accession, Russia plans to implement antidumping measures against various countries more actively. According to Medvedkov, Russia is going to use experience of other countries, including China and India.

Fritz-Harald Wenig, Director for Trade Defence of the European Commission, in his turn, criticized the Russian government regulating gas prices. Medevkov argued this is a common practice for Europe, not only Russia.

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