Russia Likely To Join WTO Within A Year: Summers

Law360, New York (October 20, 2010, 3:22 PM ET) -- After nearly 20 years of negotiations, Russia is now likely to join the World Trade Organization within the next 12 months, President Barack Obama's senior economic adviser reportedly told reporters in Moscow on Wednesday.

Lawrence Summers, director of the president's National Economic Council, told reporters at a briefing in Moscow on Wednesday that β€œthe end is in sight,” the Associated Press reported.

Russia applied to join the world trade body in 1993, but various concerns, including Russia's war with Georgia β€” a U.S. ally β€” have...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required