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Sweden declaims against Russias bid for WTO
21.08.2007 13:48
Sweden declaims against Russias bid for WTO

Sweden is going to send a protest letter to the European Commission, concerning Russias membership in the World Trade Organization, reports Reuters. Swedish officials are assured that Russian export duties on wood and cellulose dont meet the size established by the WTO.
      
      In 2006 the Russian authorities increased the customs duties on wood willing to encourage the domestic wood-working industry to develop. On the 1st of July the duty amounted to 10 Euros per cubic meter and Russia plans to make it go up to 25 Euros next year.
      
      The biggest Swedish and Finnish manufacturers of cellulose suffered from high duties on their production and believe the question should be considered before Russia becomes a WTO member.
      
      It should be mentioned that earlier Georgia was the only country against the Russian bid for the WTO.
      
      source:
      www.grani.ru


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