EU approves Russia’s WTO membership
Move follows agreement to protect EU car industry, but Georgia still refuses to back WTO bid.
The European Commission and Russia today (21 October) resolved the last remaining issues holding up the EU’s approval of Russia’s membership of the World Trade Organization (WTO).
“We have struck a deal on the final outstanding bilateral issues, leaving the way open for Russia to join the WTO by the end of this year,” said Karel De Gucht, the European commissioner for trade. “This understanding will help to protect EU jobs in the car and car components’ industry from moving to Russia,” he said.