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Russia, Georgia sign agreement on Russia’s accession to WTO

Georgia Materials 9 November 2011 15:45 (UTC +04:00)
Russia and Georgia signed an agreement on Russia's accession to the World Trade Organization (WTO) in Geneva on Wednesday, Reuters reported with reference to the Georgian diplomat.
Russia, Georgia sign agreement on Russia’s accession to WTO

Azerbaijan, Baku, Nov. 9 / Trend /

Russia and Georgia signed an agreement on Russia's accession to the World Trade Organization (WTO) in Geneva on Wednesday, Reuters reported with reference to the Georgian diplomat.

Earlier, Russia and Georgia agreed on a compromise version of the agreement developed under the mediation of Switzerland. The document, particularly, provides placement of international observers, who will maintain control over the movement of goods, on the land border areas. The text was agreed by the parties last Saturday, RIA Novosti reported.

Russia is trying to become a WTO member since 1993. In late April 2008, Georgia withdrew from the negotiations on Russia's accession to the WTO, protesting against the Russian president's orders to lift economic sanctions against Abkhazia and South Ossetia.

The WTO talks between Georgia and Russia were resumed in March this year, under the mediation of Switzerland.

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