Sunday, November 6, 2011

Georgia will accept the access of Russia to the WTO

Russian and georgian governments will sign a treath the next november 9th that will let Russia join the World Trade Organization (WTO). This joinment was blocked by Georgia.

Sergui Kapanadze (georgian vice-minister of foreign affairs) explained that both countries will decide some basics to choose the company that is going to control the administration of goods and duties. The last decision will be taken by Switzerland, country that has mediated in this conflict.

Kapanadze believes that the chosen company will satisfie both sides of the conflict.

Switzerland offered the international supervision of the tolls located in the separatist regions of South Osetia and Abkhazia. Georgia accepted inmediately this proposal, Russia did the same just some days ago. This proposal includes the electronic exchange of data about the merchandise movement between these territories.

The georgian president, Mikheil Saakashvili, said that this agreement is a “diplomatic win” of Georgia that decided to block the russian joinment in 2008. This block due to the war happened in 2008 august between Russia and Georgia. Russia had asked for joining the WTO since 1993.

Dmitri Medvedev, russian president, had asked Georgia to let the block off as a first step to normalise relations between both countries. Russia, the biggest economy out of the WTO, hopes that its application to join the organization will be accepted in December 15th.


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