Russia’s accession to the WTO cleared a major hurdle when the WTO Working Party on its accession approved on 10 November 2011, according to WTO news release.
After Ukraine, former Soviet Union country, joined WTO in May 2008, Russia has been "last big one" of non-WTO country.
The major interest for traders would be how tariff will be reduced.
See below URL, and "Market access for goods — tariff and quota commitments" provide the summary information how tariff will be changed.
http://www.wto.org/english/news_e/news11_e/acc_rus_10nov11_e.htm
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No representation is made about the accuracy of the information. The information, opinions and comments posted here are not to be considered legal advice. The information contained in this blog site is provided only as general information for education purposes, and blog topics may or may not be updated subsequent to their initial posting.
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