Economic minister says exit from WTO negative for Russia - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Economic minister says exit from WTO negative for Russia

MOSCOW, Sep 6 (PRIME) -- The exit from the World Trade Organization (WTO) would be only harmful to Russia as it can lose its trade channels, Economic Development Minister Maxim Oreshkin said on Thursday.

УShould Russia leave the WTO? We can only get a negative result from the exit. Russia is an EAEU member, and Kazakhstan is a WTO member. If we leave the WTO, all goods will go through Kazakhstan, and we will get nothingЕ we will lose normal trade channels, lose our export markets,Ф he said.

УIf we need to revise the trade policy, we should revise it drastically including relations with our neighbors.Ф

Oreshkin also said that U.S. President Donald TrumpТs claims about a possible exit from the WTO are Уpart of a big discussion.Ф

The Eurasian Economic Union (EAEU) comprises Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan.

End

06.09.2018 18:21
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.7210 -0.2022 23 apr
USD 63.7860 -0.1742 23 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1260.82 -0.12 18:50 19 apr
micex 2584.74 +0.81 18:50 22 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 163.50 +0.57 18:49 22 apr
lkoh 5690.00 +1.57 18:49 22 apr
rosn 439.60 +1.76 18:48 22 apr
sber 235.41 +1.21 18:49 22 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 63.8350 -0.1775 17:44 22 apr