Source Pravda.Ru

EU Council of Ministers will finally decide whether to recognize Russia's market economy status

On Thursday, November 7, the EU will finally settle the issue of recognizing officially the market economy status of Russia.

According to an interview with the head of the European Commission General Directorate on Trade Regulations Fritz-Harold Wenig, the EU Council of Ministers will adopt the amendments to the EU anti-dumping legislation during the meeting on November 7th.

The EC representative explained that those amendments would introduce a new status of a country with the market economy, which the EU will eventually grant to Russia. The decision to grant this status followed its de-facto recognition made by the EC Chairman Romano Prodi on May 29th during the "Russia-EU" summit in Moscow.

"The final decision has been made and it only a matter of formal procedure without any additional discussions on the subject," Wenig said.

"The procedure will take no more than a few minutes," he underlined.

According to Wenig, the decision to grant the official market economy status to Russia would give Russian business significant advantages in terms of its operation on the European markets.

Comments
Benjamin Netanyahu’s nightmare comes true as Putin crushes his plans
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Details of Putin-Merkel surprise meeting unveiled
China turns two powerful US and UK destroyers into worthless buckets
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
The insane idea in Germany: "pedophilia normal love"
The insane idea in Germany: "pedophilia normal love"
Russia to build major naval base on the coast of Caspian Sea
Russia to build major naval base on the coast of Caspian Sea
Russian woman killed when hanging out naked of moving car in Dominican Republic
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
Why Russia continues investing in US public debt