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June 19, 2009
Russia Profile Weekly Experts Panel: Farewell to the WTO
Introduced by Vladimir Frolov
Russia Profile
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Last week Russia, Kazakhstan and Belarus announced that they have completed talks on forming a customs union, and would therefore abandon their bids to join the World Trade Organization (WTO) as individual members, filing a collective membership application in January of 2010 instead. The customs union is also a convenient excuse for Moscow to drag the WTO accession issue into the indefinite future. Is WTO accession no longer a policy priority for the Kremlin? Or is it a reaction to Western unwillingness to treat Russia as an equal partner during the multi-year WTO accession talks? Will Russia benefit from staying away from the WTO? Will the WTO be better off without Russia as a member?

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