Russian business seeks review of WTO membership terms

Representatives of Russian business ask the government for certain protectionist measures to support domestic producers.

Representatives of Russian business ask the government for certain protectionist measures to support domestic producers.

In a letter sent to the presidential administration by ICC (International Chamber of Commerce) Russia proposes that terms of Russia’s WTO membership be reviewed, the Izvestia daily writes.

The most active is the Russian Union of Entrepreneurs of Textile and Light Industry (Soyuzlegprom), uniting major textile and footwear companies of Russia that seek protective duties on imports of clothes and footwear.

"It takes the World Trade Organisation several years to achieve the abolishment of high duties, and this is enough to strengthen positions of local producers. We must take the same road instead of following all instructions that nobody but us abides by," the president of Soyuzlegprom, Andrei Razbrodin, said.

First published by TASS.

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