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 77.6844 -0.3909 25 sep
USD 66.1594 -0.0903 25 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1162.98 +1.17 18:50 24 sep
micex 2430.01 +0.13 18:50 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 159.00 +0.23 18:49 24 sep
lkoh 4780.00 +0.90 18:48 24 sep
rosn 447.05 +1.51 18:48 24 sep
sber 198.75 +2.75 18:49 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.5600 -0.8850 14:59 24 sep
USDTD 65.7650 -0.7025 17:44 24 sep