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Russia joins WTO after 18 years of talks

After 18 years of negotiation, Russia on Wednesday entered the World Trade Organization, which restricts import duties and subsidies in an attempt to create a level playing field for international trade.

 

Russia Inching Closer To WTO Membership

Russia is inching closer to the globalization trade club. Its membership in the World Trade Organization could be locked if it succeeds in convincing its neighboring country, Georgia, to forgive the Kremlin for the Ossetia War in 2008. So far, Georgia is the only thing standing between Russia and the World Trade Organization.

Senh: D'oh. That's why you gotta be nice to your neighbors. You never know when you'll need them. I wonder if Georgia will retaliate by not giving Russia the vote.

 

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