Russia in Wto
NATIONAL RESEARCH UNIVERSITY HIGHER SCHOOL OF ECONOMICS
Faculty of World Economy and International Affaires
Master of International Business
Essay
“Russian Federation in WTO: Advantages and disadvantages”
Written by student
Alexandra S. Gudimova
MIB group
Moscow 2013
Content Introduction 3 Russian Federation in WTO: advantages 4 Russian Federation in WTO: disadvantages 6 Controversial issues 8 Market access for goods — tariff and quota commitments 8 Conclusion 9 References 11
Introduction
Russian Federation - an integral part of the global community. Defining the individual path of economic and political development, of our country however cannot remain aloof from the processes taking place around. The modern world is dictating its terms, and any State has the right to decide whether to accept them or not. And if State takes, it has to be unconditionally or amended at the features of the development.
Russia 's accession to the WTO, to which country was going neither more nor less than 18 years, is just such a step - considering the basic situation of world economic processes, Russia could not take them entirely due to a number of national characteristics. In addition, Russian Federation on its way to join the World Trade Organization faced many obstacles - both political and economic, and also social issues. There was even an attempt to hold a referendum against the entry of Russia into the WTO; however, this attempt has not succeeded.
So, August 22, 2012 can be considered the starting point of a new stage of development of the Russian Federation - it became an official member of the WTO - one hundred and fifty sixth member of the WTO (156-th). It accessed on favorable terms. Among the "Big Twenty" Russian Federation entered the WTO the last. However, nowadays the controversy on that subject does not cease. In this essay I try to understand what kind of benefits our country will gain as a result of this move and will
Faculty of World Economy and International Affaires
Master of International Business
Essay
“Russian Federation in WTO: Advantages and disadvantages”
Written by student
Alexandra S. Gudimova
MIB group
Moscow 2013
Content Introduction 3 Russian Federation in WTO: advantages 4 Russian Federation in WTO: disadvantages 6 Controversial issues 8 Market access for goods — tariff and quota commitments 8 Conclusion 9 References 11
Introduction
Russian Federation - an integral part of the global community. Defining the individual path of economic and political development, of our country however cannot remain aloof from the processes taking place around. The modern world is dictating its terms, and any State has the right to decide whether to accept them or not. And if State takes, it has to be unconditionally or amended at the features of the development.
Russia 's accession to the WTO, to which country was going neither more nor less than 18 years, is just such a step - considering the basic situation of world economic processes, Russia could not take them entirely due to a number of national characteristics. In addition, Russian Federation on its way to join the World Trade Organization faced many obstacles - both political and economic, and also social issues. There was even an attempt to hold a referendum against the entry of Russia into the WTO; however, this attempt has not succeeded.
So, August 22, 2012 can be considered the starting point of a new stage of development of the Russian Federation - it became an official member of the WTO - one hundred and fifty sixth member of the WTO (156-th). It accessed on favorable terms. Among the "Big Twenty" Russian Federation entered the WTO the last. However, nowadays the controversy on that subject does not cease. In this essay I try to understand what kind of benefits our country will gain as a result of this move and will
References: 1. http://expert.ru/dossier/story/115600/ (accessed 14.05.2013) 2 3. http://sobesednik.ru/buisnes/20120426-plyusy-i-minusy-vstupleniya-rossii-v-vto (accessed 14.05.2013) 4 5. “Russia’s accession to the WTO: Major commitments, possible implications” International Trade Center, 2012 6 [ 7 ]. Chowdhury, 2003