US imposes new sanctions on Syria over suspected chemical attackWorld April 24, 21:23
Russian businessman plans to build sailplane to fly around the globe nonstop in 5 daysScience & Space April 24, 19:50
Roscosmos excludes three cosmonauts from space teamScience & Space April 24, 19:34
Russian Foreign Ministry: Terrorists in Syria may get chemical weapons from Libya, IraqRussian Politics & Diplomacy April 24, 19:05
US not ready yet to restart arms control dialog, Russian diplomat saysRussian Politics & Diplomacy April 24, 18:57
Court recognizes Russia’s Sports Ministry as affected party in WADA whistleblower caseSport April 24, 18:48
Elephant, giraffe and wildcats found among Muscovites’ house petsSociety & Culture April 24, 17:48
Putin calls for setting apart real anti-corruption crusaders from political show-offsRussian Politics & Diplomacy April 24, 16:34
Moscow court turns down Jehovah’s Witnesses bid to fight Justice Ministry’s banWorld April 24, 16:08
MOSCOW, August 23. /TASS/. Trade consequences of regional agreements may be adverse for countries not participating in them, department director of Russian Ministry of Economic Development Maxim Medvedkov told TASS on Monday. In particular, Russia’s losses from Ukraine’s associations with the EU may climb to billion values, he added.
"These effects are related to surging trade inside the region, sometimes prejudicing turnovers with countries outside the group. These effects are minimal for us so far by virtue of the commodity structure of the Russian export. An exception is an agreement on Ukraine’s association with the EU, where the trade structure was different, and where we will lose billions," the official said.
WTO agreements expressly permit its members to create free trade zones or customs unions and integration organizations for services trade liberalization, Medvedkov said. There have already been several hundreds of such associations, he added.