Source Pravda.Ru

Russia's Accession to WTO May Raise GDP by Third

Russia's accession to the World Trade Organisation could raise Russia's GDP by 3.8% in the medium-term and by 28.8% in the long-term. As a Rosbalt correspondent reports, this was announced by Ksenya Yudayeva, an economist from the Moscow Carnegie Centre, who spoke on Friday February 21 in Saint Petersburg. She said that Russia's accession to the WTO will particularly benefit the metallurgy industry, the chemical industry, the woodworking and paper-making industries. The Russian services sector will suffer the heaviest losses.

Other estimates show, however, that the machine-building industry in the Urals, the North-West Federal District, the Central and Privolzhsk Federal Districts could be the most vulnerable. Light industry could also suffer, especially in the Far East Federal District. Industrial employment could go down by 1-2.7%, especially in the Ivanovo, Kurgan Regions and the Jewish Autonomous Region as well as the Adygeya Republic. Ms Yudayeva also said that Russia's accession to the WTO would not bring any significant changes in tariffs.

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

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On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
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