is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

US agriculture to benefit when Russia joins WTO?

The decision to allow Russia to become a member of the World Trade Organization can be a benefit to American agriculture.

The decision to allow Russia to become a member of the World Trade Organization can be a benefit to American agriculture, the National Corn Growers Association said. WTO ministers adopted Russia's terms of entry at the Eighth Ministerial Meeting, held recently in Geneva, and Russia has 220 days to ratify its accession agreement.

"Russia's membership makes the WTO a more universal trade organization," Chad Blindauer, Chair of NCGA's Trade Policy and Biotechnology Action team said. "It also ensures Russia plays by the same rules as other WTO members.The deal allows for more fair and open trade policy."

The Working Party Chair of Russia's accession, Ambassador Stefan Johannesson of Iceland, said the "documents constituting Russia's terms of entry into the WTO resulted from a tough and successful engagement between Russia and WTO members."

As part of the accession deal, Russia has agreed to undertake further commitments to open its trade regime. This includes lowering tariffs on a wide range of agriculture products.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish