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Belarus is still hoping to join the WTO 4

13:33, — Economics

Belarus is still hoping to join the WTO

Belarus to comply with WTO requirements from September.

The WTO terms will actually come in full force and effect in the CES territory from September 1, 2012, said Deputy Foreign Minister Alexander Guryanov on June 28 at the enlarged meeting of the Standing Committee of the Consultative Council for Foreign Investments of the Council of Ministers.

Alexander Guryanov said that the countries of the common economic space are in anticipation of Russias final ratification of a package of its obligations for accession to the World Trade Organization, BelTA informs.

Minister for Trade of the Eurasian Economic Commission Andrei Slepnev has recently said that the Commission experts are now working on a new version of the Common Customs Tariff, introduced in Russia given its commitments to the WTO. They may also reduce the level of tariff protection from the current 10% to 7.5-7.8 %. The document will enter into force after Russia's accession to the WTO in a month after the ratification of the package of agreements.

Last December, Lukashenko and Dmitry Medvedev signed a memorandum under which Russia would provide comprehensive support to Belarus for the early entry into the World Trade Organization.

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