Georgia to resume WTO talks with Russia after resolving customs posts issue.
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
BANKING

Georgia to resume WTO talks with Russia after resolving customs posts issue.

Georgia to resume WTO talks with Russia after resolving customs posts issue. Georgia may approve Russia ’s WTO bid if its demand on legalization of customs posts in South Ossetia and Abkhazia is met. Georgia tends to regain control of the posts in its breakaway regions ruled by separatists enjoining Russia ’s support. According to Georgian authorities, trade through these checkpoints is illegal. Russia , however, is unlikely to easily give up the control over the posts, despite its claims to respect Georgia ’s territorial integrity. Georgia withdrew its support for Russia ’s WTO accession in July demanding to abolish the import ban on its wine and mineral water. Russia signed a bilateral agreement on WTO entry with the US ; however due to tense relations with Georgia , the completion of the negotiations may take a while.

Gift this article