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Russia Finally Joins The WTO  
User currently offlineLAXintl From United States of America, joined May 2000, 24310 posts, RR: 47
Posted (2 years 5 months 6 days 9 hours ago) and read 997 times:

18-year in the making, Russia this week agreed on final terms that would clear the way for ascension into the World Trade Organization.

Initial immediate benefits are estimated $4bil in added imports from Europe with lower tariffs and easier exports of oil, gas and steel avoiding quotas.


Story:
http://www.boston.com/news/world/eur...a_poised_to_join_world_trade_body/


From the desert to the sea, to all of Southern California
5 replies: All unread, jump to last
 
User currently offlinetu204 From Russia, joined Mar 2006, 1103 posts, RR: 17
Reply 1, posted (2 years 5 months 6 days ago) and read 945 times:

Biggest mistake we have made in a while. Makes me think twice about who I will vote for in the upcoming election.


I do not dream about movie stars, they must dream about me for I am real and they are not. - Alexander Popov
User currently offlineMD-90 From United States of America, joined Jan 2000, 8494 posts, RR: 12
Reply 2, posted (2 years 5 months 6 days ago) and read 941 times:

Granted, the WTO means managed trade, not free trade, but do you dispute this paragraph of the article?

Quote:
Under the deal, Russians would be able to buy European-made cars and trucks, furniture, clothes and all sorts of consumers goods and industrial machinery at far lower prices than before.


User currently offlinetu204 From Russia, joined Mar 2006, 1103 posts, RR: 17
Reply 3, posted (2 years 5 months 5 days 22 hours ago) and read 923 times:

Its a great way to kill domestic industry though. Although it will make them have to compete or die.


I do not dream about movie stars, they must dream about me for I am real and they are not. - Alexander Popov
User currently offlineTupolev160 From , joined Dec 1969, posts, RR:
Reply 4, posted (2 years 5 months 5 days 10 hours ago) and read 841 times:

Horrible. The Russian government should be dismissed after another treason.

User currently offlineLAXintl From United States of America, joined May 2000, 24310 posts, RR: 47
Reply 5, posted (2 years 5 months 5 days 7 hours ago) and read 804 times:

Why the opposition?

Is opening up Russia's economy, reducing trade barriers, growing the economy and partnering with other nations not a good thing?

Yes for those old Soviet industries that are not competitive this would be long overdue kick in their pants to either compete or die as previous poster mentioned. Don't think it benefits Russia, or its consumers to prop up inefficient weak enterprises or industries.



From the desert to the sea, to all of Southern California
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