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Day: 9 August 2017

World Trade Organisation is not perfect, but there is no alternative

Russia has made a lot of efforts in order to be a member of World Trade Organisation. WTO requires member states to comply with its rules and concluded agreements. Russia, in its turn, does not comply with all requirements, but it is a member of WTO. Recently the chief of Russian ministry of economic development, Maksim Oreshkin, stated that WTO is not ideal and it needs optimization.

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