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News // Russia

Russia's WTO bid is to be supported by Ukraine

03 October 2008 , 09:03Ksenia Kochneva643
During the meeting with Russian Prime Minister Vladimir Putin in Novo-Ogaryovo Thursday Ukraine's Prime Minister Yulia Tymoshenko said that Ukraine is ready to support Russia's bid to join the World Trade Organization (WTO).

Russia started WTO accession talks in 1995. The latest round of talks with the 153-member global trade organization collapsed in late July, but the top negotiator, Maxim Medvedkov, who is the director of the Russian Economic Development Ministry's trade talks department, said then that the parties could still return to the negotiating table later this year.

Ukraine joined the WTO in May. The agreement of all 153 WTO members is necessary for a state to join the global trade body.

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