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Nazarbayev says Kazakhstan becomes full-fledged WTO member, warns of ‘challenging time’

November 30, 2015, 9:59 UTC+3 ASTANA
Kazakhstan submitted its application to join the WTO in late January 1996. The talks lasted for more than 19 years
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Kazakhstan's President Nursultan Nazarbayev

Kazakhstan's President Nursultan Nazarbayev

© Alexei Nikolsky/ITAR-TASS

ASTANA, November 30. /TASS/. Kazakhstan is becoming a full-fledged member of the World Trade Organization (WTO), but the republic will have to undergo an endurance test, President Nursultan Nazarbayev said in his annual address to the nation on Monday.

"Today, on November 30, Kazakhstan becomes a full-fledged member of the WTO de jure. This will be officially announced at the session of the WTO General Assembly," Nazarbayev said.

"This is also an important milestone in the history of independent Kazakhstan," the president stressed.

Nazarbayev said the republic will see "a tense and difficult time with both new risks and new opportunities."

"Global reality is changing quickly. The confrontation of two major powers and the exchange of sanctions are bringing the world to a deadlock," he said.

"Time has come for tests and strengthening the Kazakhstani statehood," the president said.

Nazarbayev said it is important to "preserve unity and to work hard for the benefit of the country, sticking to the 'one for all and all for one' principle."

Kazakhstan submitted its application to join the WTO in late January 1996. The talks lasted for more than 19 years. A protocol on Kazakhstan’s joining the WTO was signed in Geneva on July 27, 2015.

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