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EXPERTS ESTIMATE - UKRAINE WILL NOT AFFECT RUSSIAS BID TO JOIN WTO

Info-Prod Research (Middle East), March, 2006

As both Ukraine and Russia push forward to enter the World Trade Organization (WTO) in the near future, Ukraines successful negotiations with the United States raised some concerns in Russia. Leading businessperson, and international law expert, Alexander Garese, says no cause for alarm. For quite along time Russia and Ukraine have been struggling their way into the World Trade Organization (WTO), racing head in head in pursuit of accession.

A recent decision, reports Moscow Times, by the United States to free Ukraine from the terms of a key trade restriction -- known as the Jackson-Vanik amendment -- raised concerns in Russia that Ukraine may now have gained the upper hand in the WTO accession race between the two countries. In contrast to the Ukrainian success in its...

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