Financial Times FT.com

WTO tries to make sense of Russia’s rethink

By Catherine Belton and Isabel Gorst in Moscow

Published: June 13 2009 02:46 | Last updated: June 13 2009 02:46

When Vladimir Putin announced this week that Russia was to drop its bid to join the World Trade Organisation after 16 years of negotiations and would instead enter as a customs union with Kazakhstan and Belarus, many western and even Russian officials were taken aback.

To some western officials, the switch looked like a pressure tactic to force Russia’s western negotiating partners to lift conditions blocking its immediate entry into the 153-member global trade bloc or face another set of protracted negotiations.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this