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Sunday, July 16

US-Russia WTO talks: not much of a beef

Russia is the largest economy outside the WTO, and the United States remains the only country with which it has not yet reached a deal on accession to the 149-nation organization
It still looks as if the talks will be sewed up with three months. As for the mention of March as the accession date -- I'll take Minister Lavrov's word on how long it will take to wrap up the rest of the red tape but I would like to see things move as quickly as possible. It's really insulting to the Russian people that the WTO entry process has been dragged out by Russia hawks in Washington. But I see that Lavrov is putting a diplomatic face on the matter.
Russian FM Lavrov denies stalling of WTO talks with US
STRELNA (near St. Petersburg), July 16 (RIA Novosti) - Foreign Minister Sergei Lavrov on Sunday denied reports that the latest round of bilateral negotiations with the United States on Russia's accession to the World Trade Organization had been a failure.

The talks, held near St. Petersburg Friday ahead of this weekend's Group of Eight summit, produced no final deal on Russia's admission to the world's largest trade body, primarily over disagreements over Russia's barriers to U.S. beef and pork. But substantial progress was reportedly made on other contentious issues, including copyright law and sales of manufactured goods.

Speaking at a news conference on the sidelines of the current G8 summit, Lavrov said: "It was decided to continue the talks, to complete them in October, so that the issue of Russia's WTO accession can be resolved by March."

"We have more than once found ourselves in a situation where our American partners are not ready to make a definitive decision. The U.S. government is a complex mechanism. So I would not over-dramatize the matter," the minister said. "Of course, it would be good [for Russia] to join the WTO, [thereby] securing an advantage for some of our economic sectors. But we have other opportunities to develop our economy."

Lavrov also said Russia was ready to discuss additional requirements for accession to the WTO, but only on the condition of reciprocity.

"We will not take on additional commitments, outside WTO standards. We will discuss broader, non-standard, requirements, if our partners reciprocate."

Russia's economics minister, German Gref, on Saturday called U.S. meat imports "the main stumbling block" in the WTO accession talks. He said Russian negotiators had refused a U.S. demand for an immediate increase in beef and pork imports before a review of the American veterinary control system, due to be finished in October. But the protection of intellectual property rights was no longer an issue in the talks, he said.

Russia is the largest economy outside the WTO, and the United States remains the only country with which it has not yet reached a deal on accession to the 149-nation organization.

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