Implementation of the commitments on IPR, agriculture, and industrial goods will be essential to completing the final multilateral negotiations on the overall accession package.
“We worked through many difficult issues and the agreement sets the stage for closer cooperation in many commercial areas, as well as moving Russia closer to joining the WTO's rules-based trading system and reinforcing Russia's economic reforms, which is so essential to Russia's own growth and development,” said Ambassador Schwab.
"It is significant that our signing takes place on the margins of the meeting of the Asia-Pacific Leaders. APEC represents the most dynamic trading region of the world. Russia is an important Pacific partner and WTO Membership ultimately will strengthen our cooperation in economic matters.”
“We will work diligently with other APEC Members, our trading partners, and Russia on the multilateral aspects of the accession negotiation. We still have work to do, but today's agreement puts new energy and momentum into the negotiating process."
"We will continue to work closely with domestic stakeholders and the U.S. Congress in the next phase of the negotiations," added Schwab.
U.S. Trade Representative
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