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Russian official: Custom Union not obstacle for WTO aspirations

06-18-2010 11:25 BJT

MOSCOW, June 17 (Xinhua) -- Russia's participation in the three-country Custom Union will not prevent its entry into the World Trade Organization, Russian First Deputy Prime Minister Igor Shuvalov told local media on Thursday.

Shuvalov was responding to the remarks European Union head of foreign affairs Catherine Ashton made on Wednesday. Ashton said that the EU was considering the Russia-Belarus-Kazakhstan Custom Union as a hindrance for international trade and another bump on Moscow's road to the WTO.

"There is no contradictions between WTO rules and the founding documents of the Custom Union," Shuvalov said.

"These explanations were given to both the European Union and WTO's secretariat," he noted, adding that the EU itself has been a sort of a custom union.

"We took the EU's economic model and had adopted it for modern reality and capacity of the three states," he added.

The three-party Custom Union will be formally launched on July 1, 2010.

 

Editor:Du Xiaodan |Source: Xinhua

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