Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
Russia’s St. Petersburg to host World Travel Awards in SeptemberSociety & Culture August 16, 19:37
Combat aircraft to make up over 50% in Russian state arms seller’s exportsMilitary & Defense August 16, 19:22
Poroshenko orders probe into reports about supplies of missile technologies to North KoreaWorld August 16, 19:08
Over 700 policemen to provide security at UEFA Europa League’s match in Russia's KrasnodarSport August 16, 19:02
KIEV, February 2 (Itar-Tass) —— Ukraine’s membership in the World Trade Organization (WTO) is no obstacle to its accession to the Customs Union. The union’s member countries Russia, Belarus and Kazakhstan are ready to compensate the WTO for the losses that may result from Kiev’s joining the Customs Union, Valery Muntiyan, the Ukrainian government commissioner for cooperation with Russia, CIS countries and Eurasian Economic Community member-states, said on Ukrainian TV.
“If the WTO countries ask for compensations, the countries of the Customs Union are ready to shoulder this burden and share it. The compensations may run to 1.9 billion dollars,” he noted.
Muntiyan also said the economic calculations made earlier show Kiev’s advantages from this integration. ”If Ukraine joins the Customs Union, its GDP will grow by 1.5 percent,” the government commissioner said.
Ukrainian President Viktor Yanukovich said earlier that the country looks into the union’s work and will decide on the matter of joining the Customs Union in a year or a year and a half. “We will consider variants of the decision of the matter if this is of advantage to us and meets our interests,” he said.