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No Signs Russia Might Leave WTO: Director General

Posted March 25, 2015

Under International Trade Issues


Russia shows no signs of wanting to leave the World Trade Organization, WTO chief Roberto Azevedo said on Tuesday, despite tensions with the West over the Ukraine crisis and disputes with other member states. 

Some Russian parliamentarians have called for their country to pull out of the WTO less than three years after it acceded because, they say, membership is damaging Russia's economy. 

But Azevedo said during a visit to Latvia that he had never heard of any moves by Russia to leave. 

“Never, neither officially nor unofficially or any other way,” he told a news briefing. “Russia has been a party to disputes in the WTO and I think every single member of the WTO including Russia knew that would be the case.”  Click here to read more.