Decoding Russia’s WTO Accession

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Series Details Number 64
Publication Date February 2012
ISBN 978-2-86592-973-3
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As Moscow and the WTO Member States have finally established terms on which Russia will accede to the organization, thoughts turn to the impact of this historic event and the potential for it to play a role in the modernization of the country"s economy. The process has been long, with Russia having to negotiate bilateral accession protocols with the more than fifty WTO member states.

The numerous delays have been driven more by political considerations than by economic ones. As such, accession can be expected to have important political effects, indicating Russia"s renewed interest in international cooperation. However, uncertainty over how the regime will develop after the March 2012 presidential elections could have a significant impact on how Russia implements its international obligations, and how profound domestic reform is.

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