Source Pravda.Ru

EC intends to formalise Russia's market-economy status

The European Commission intends to immediately set in motion legal mechanisms for formalising Russia's new market-economy status, the EC representation in Russia reported.

The process of recognising Russia as a market-economy is said to take a few months due to the necessity to modify the EU legislation in the sphere of trade protection measures.

A spokesman for the representation recalled that at the Russia-European Union summit held in Moscow on Wednesday, May 29th, EC President Romano Prodi declared that the European Union was granting Russia the official status and the regime of a full-fledged market-economy country in recognition of the serious reform Russia has been conducting over the past few years. According to Prodi, "undoubtedly, this marks an important stage on the way to Russia's accession to the WTO." The EC representation said that the status of a market-economy country "will give Russia privileges under anti-dumping investigations which is of a great interest both for the Russian authorities and for the country's business community." The EU's decision testifies to the great progress Russia has made since the question of recognising the country as a market-economy one was raised in 1998, the representation added saying that the status was usually given to WTO members only.

The European Union expects Russia "to submit improved proposals on access to its market" within a week, the EC representation concluded.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
Riots spark in Ukraine again, but people will not die for idiots this time
Russian PM Medvedev: USA undermines relationship with Russia for decades
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
North Korea is not a threat to the US
North Korea is not a threat to the US
Saudi Arabia readies to enjoy cinemas and music for the first time in 40 years
Capitalism reduced Indonesian cities to infested carcases
Russian politician says Donald Trump extremely dangerous for Russia
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
American Bioweaponry
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine