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Pedro Gonçalves

Let Russia Join the WTO -- By Anders Åslund and C. Fred Bergsten | Foreign Po... - 0 views

  • It's true that Russia needs the WTO less than many other countries, since it largely exports commodities that enjoy free-market access in any case. Yet Russia's potential gains from WTO accession have been assessed at 3.3 percent of GDP a year, a major jump for the economy. The main benefits would arise from freer trade of services and foreign direct investment.
  • (Russia's main gains from WTO accession will not be from enhanced market access, although Russian steel and chemicals exports will benefit. Instead, the greatest economic benefits are anticipated on the domestic market for services and greater attraction of foreign direct investment -- leading to improved competition at home.)
  • The United States still maintains the Jackson-Vanik Amendment, adopted in 1974 denying favorable trade status to Russia, citing its restrictions on the free emigration of Jews from the Soviet Union. The law, a relic of the Cold War, has no practical effect but is a serious irritant in relations between the two countries. And as a practical matter, if Jackson-Vanik remains in force, Russia would simply not apply WTO rules to the United States, perpetuating trade discrimination against American companies. Hence the amendment should be scrapped immediately after Russia joins.
Argos Media

Interview with US Ambassador Pickering: 'Window of Opportunity' for US-Russia Relations... - 0 views

  • Moscow reacted rather coolly to Obama's letter to Russian President Dmitry Medvedev,in which he seemed to offer to abandon the US missile shield in Europe in exchange for more Russian cooperation on the nuclear dispute with Iran.
  • Pickering: I have not seen that letter; I have only seen what the Russians said to the press. But I was not really surprised that the Russians were not too enthused. One has to remember: Russian politicians always welcome the opportunity to criticize the Americans.
  • Pickering : I think it was overreach in trying to suggest a "quid pro quo" between the missile shield and the solution of the Iran issue. The Russians are not interested in looking at it this way.
  • ...6 more annotations...
  • The US and its allies should rather propose turning Iran's nuclear enrichment efforts into a multinational program with strong inspection. Under this approach, the Iranian government would agree to allow two or more additional governments -- for example, France and Germany -- to participate in the management and operation of those activities within Iran. In exchange, Tehran would be able to jointly own and operate an enrichment facility without facing international sanctions. Resolving the nuclear issue would, in turn, make it possible to end sanctions and for Iran to enjoy a variety of other benefits, such as membership in the World Trade Organization (WTO), increased trade with Europe and, perhaps, normalized relations with the United States.
  • we should offer Moscow clear incentives. For instance, we should strengthen NATO-Russian consultation, and we should signal stronger support for Russian WTO membership.
  • SPIEGEL ONLINE: In debates in Washington, it has been said that the Germans could play a major role in facilitating a better dialogue between Moscow and Washington. Is that realistic?
  • Pickering: I think they can be very helpful -- but to facilitate, not mediate.
  • Germany already has an Ostpolitik, and it is working. Also, Russians and Americans can still speak to each other; they don't really need an intermediary. So assuming such a role for the Germans might be a step too far.
  • The Russians have an inclination to drive a wedge between the Americans and the Europeans. If the Germans try to freelance outside the bounds of the area of common agreements, that could end up creating difficulties.
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