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Russia’s WTO accession agreement with Georgia to help normalize relations

November 10, 2011, 18:51 UTC+3
An agreement on Russia’s accession of the WTO it has recently signed with Georgia will be a milestone on the path of gradual normalization of trade
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MOSCOW, November 10 (Itar-Tass) —— An agreement on Russia’s accession of the World Trade Organization (WTO) it has recently signed with Georgia will be a milestone on the path of gradual normalization of trade and political relations in the region and will promote peace and stability in the Caucasus, Russian Foreign Ministry spokesman Alexander Lukashevich said on Thursday.

On November 9, after long and uneasy negotiations mediated by Switzerland, the Russian and Georgian governments signed an agreement on customs administration and trade monitoring.

“We hail it as a great achievement of all parties to the negotiations,” the Russian diplomat said.

According to Lukashevich, the document has completely realized all the negotiating goals Russia pursued from the very start of the process. Thus, Russia had insisted that agreements must stay solely within the area of trade, must not infringe on the status of Abkhazia and South Ossetia, and promote normalization of trade relations in the region.

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