  WTO accepts Russia’s bid for membership December 16, 2011 - 19:47 AMT PanARMENIAN.Net - The World Trade Organization has agreed on Russia becoming its newest member, giving a boost to the ailing economy of its biggest trading partner, the European Union. The 153-nation global trade body approved by consensus Russia's application for membership Friday, Dec 16 capping Moscow's 18-year effort to belong to the world's trading dispute referee organization. The deal is expected to quickly increase EU exports by some 4 billion euros ($5.45 billion) a year. Under the deal, Russians can buy European-made goods at far lower prices and sell its oil and gas more efficiently. Until now, Russia has been the only member of the Group of 20 leading economies still outside the WTO. Russia would become a WTO member next year, 30 days after it notifies WTO that the Russian Duma has ratified membership, AP reported.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
