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Friday, December 8, 2023
WorldAsiaThe Foreign Ministry explained why Russia will not withdraw from the WTO

The Foreign Ministry explained why Russia will not withdraw from the WTO

Russia has no intention of leaving the World Trade Organization. Dmitry Birichevsky, director of the Department of Economic Cooperation of the Ministry of Foreign Affairs, told RIA Novosti Russia’s readiness to participate in international trade operations.

“We are examining all options for our participation in multilateral trade, analyzing the balance of benefits and costs of full WTO membership,” the diplomat said.

The Russian Foreign Ministry believes that the Russian Federation has good reasons to remain a member of the WTO, in particular to “maintain stable ties with developing countries” which do not recognize Western sanctions and are ready to continue to cooperate “on an equal footing and with mutual respect for interests”.

The Foreign Ministry stressed that the West is trying to get Russia out of the WTO, but it is not beneficial for our country to lose this status, both from an economic and political point of view – a voluntary withdrawal from the WTO will be considered in the West as the effectiveness of anti-Russian sanctions.

Birichevsky also noted the importance of contacts within the WTO with the countries of the “world majority”.

“We pay special attention to interacting with partners and like-minded people from Asia, the Middle East, Africa and Latin America – the countries of the so-called global majority,” said said the diplomat.

Among the weighty arguments, both Russia’s membership of the Eurasian Economic Union, which operates according to the rules of the WTO, and its withdrawal “would deprive us of a certain number of advantages linked to the protection of the common of the union against imports which sensitive to our economy.

Earlier it was reported that Dmitry Polyansky, the first Deputy Permanent Representative of the Russian Federation to the UN, explained why Ukrainian militants, like mercenaries from Western countries, ignore the norms of international law governing the rules of conduct of hostilities and the humane treatment of prisoners of war. and the injured.

The Foreign Office post explaining why Russia is not going to leave the WTO

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Russia Desk
Russia Desk
The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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