Will Russian Accession to the WTO Affect Global Trade and Investment?

Will Russian Accession to the WTO Affect Global Trade and Investment?

 

RELEASE DATE
28-Aug-2012
REGION
Asia Pacific
Research Code: 4675-00-07-00-00
SKU: EG00298-AP-DE_02874
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Description

Russia has long awaited the outcome of its accession process. The implications of accession will have both a positive and negative impact on Russia and its trade partners. The major consensus of this analysis, however, points to important long-term gains that are evident to the Russian economy and certain opportunities that accession will give trade partners and investors. Trade partners may benefit from tariff reductions in agriculture, pharmaceuticals and technology sectors. Investment in Russia will also increase as a result of the increased security provided to investors with Russia under WTO rules. The financial sector in Russia will most likely benefit the most from increases in FDI.

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Related Research
Russia has long awaited the outcome of its accession process. The implications of accession will have both a positive and negative impact on Russia and its trade partners. The major consensus of this analysis, however, points to important long-term gains that are evident to the Russian economy and certain opportunities that accession will give trade partners and investors. Trade partners may benefit from tariff reductions in agriculture, pharmaceuticals and technology sectors. Investment in Russia will also increase as a result of the increased security provided to investors with Russia under WTO rules. The financial sector in Russia will most likely benefit the most from increases in FDI.
More Information
No Index Yes
Podcast No
Industries Energy
WIP Number 4675-00-07-00-00
Is Prebook No