Officials Say Conditions Of Russia's Entering WTO Not Favorable

The public council for Russia entering the World Trade Organization (WTO) addressed itself to Russian businessmen, asking them to have a balanced approach while deciding on the extent of their support to the government in the process of leading Russia to the WTO. "Your decision should be based not only on your personal interests, but the interests of the whole Russian society. Only a consolidated and strong Russia and strong Russian business can compete on the open market," officials of the council wrote in a relative document. Russia becoming a member of the WTO doesn't mean that favorable conditions will be created for Russian businesses and that the interests of Russian producers won't be infringed. The conditions of Russia entering the WTO supported by several members of the trade organization will lead to a situation which will turn out to be more favorable for foreign investors in the struggle for Russia's consumer demand. In addition, this will lead to changes in the system of certifying products and technological processes in our country. This procedure will be too expensive for most small and medium businesses. In addition, the Russian government should elaborate on and implement a special program to support non-competitive industries of Russia.

Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!

Author`s name Editorial Team
X