1. The United States Should Establish Permanent Normal Trade Relations with Russia
- Author:
- Gary Clyde Hufbauer and Anders Åslund
- Publication Date:
- 11-2011
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- After 18 years, Russia is finally on the verge of acceding to the World Trade Organization (WTO). No country has struggled for so long to become a member of this important organization. The last impediment was removed on November 9, when Russia and Georgia concluded an agreement on monitoring trade flows across their disputed border. The WTO Working Party, which oversaw the negotiations, then approved Russian accession on November 10, clearing the way for formal membership to be adopted at the WTO ministerial conference to be held December 15–17, 2011 (WTO 2011).
- Topic:
- Conflict Resolution, Economics, International Trade and Finance, Markets, and Bilateral Relations
- Political Geography:
- Russia, United States, and Georgia