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Vietnam supports Russia's expedited entry into WTO - official

Other News Materials 4 April 2007 17:30 (UTC +04:00)

( RIA Novosti ) - Vietnam supports Russia's soonest possible accession to the World Trade Organization (WTO), Vietnamese Foreign Ministry spokesman Le Dung said Wednesday.

A Russian economics ministry delegation led by Russia's chief WTO negotiator, Maksim Medvedkov, was on a working visit of Vietnam April 1-3.

" Vietnam does not require that Russia hold bilateral negotiations on its accession to the WTO," Dung said.

According to Dung, during the consultations the delegations discussed some bilateral trade issues and economic relations, as well as measures to expand bilateral trade.

German Gref, Russia's economics minister, said earlier Wednesday that Russia would complete talks with Vietnam over its accession to the WTO within a month.

"There is agreement that we will be able to resolve the one or two outstanding issues in the coming month," Gref said.

On Wednesday, Medvedkov is scheduled to have talks with negotiators from another WTO newcomer, Cambodia.

Moscow has signed bilateral protocols with all but four WTO members, and has yet to complete multilateral talks with its trade partners within the global trade body.

Moscow must also resolve a dispute with its former Soviet ally Georgia, which withdrew from the bilateral WTO agreement after Moscow banned key Georgian exports in March 2006, and must also sign a protocol with Guatemala.

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