Accession to the WTO: the problem of transition

Authors

  • Vladimir Petrovich Obolensky The Institute of Economics, RAS

Keywords:

The WTO, Russia’s obligations, challenges of business and the state, minimization of risks

Abstract

The article deals with the challenges that the state and the national business have to overcome during the seven-year transitional period fixed for Russia’s fulfillment of its obligations to the WTO. Russia has to make some legislative changes, create the necessary legal infrastructure to serve foreign trade operators, improve the statistics and financial accountability. Business has to master the technical procedures used for introducing special measures to protect the market. The high priority is to minimize the risks related to lowering the degree of tariff protection.

Author Biography

Vladimir Petrovich Obolensky, The Institute of Economics, RAS

Doctor of Economic Sciences, Professor
Place of work, post: The Institute of Economics, RAS, Center of the Institute of foreign trade activities - Head; Russian Foreign Trade Academy, Department of International Trade and Foreign Trade of RF, Professor

Published

2024-02-08

How to Cite

Obolensky, V. P. (2024). Accession to the WTO: the problem of transition. Russian Foreign Economic Journal, (7), 3–14. Retrieved from https://journal.vavt.ru/rfej/article/view/1760

Issue

Section

World economy