Russian Trade and Foreign Direct Investment Policy at the Crossroads

Tarr, David ; Volchkova, Natalya

关键词: ACCESSION;    ACCESSION COMMITMENTS;    ACCESSION NEGOTIATIONS;    ACCESSION PROCESS;    ACCESSION TO THE WORLD TRADE ORGANIZATION;   

DOI  :  10.1596/1813-9450-5255
RP-ID  :  WPS5255

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This paper summarizes the estimates ofwhat Russia will get from World Trade Organization accessionand why. A key finding is the estimate that Russia will gainabout $53 billion per year in the medium term from WorldTrade Organization accession and $177 billion per year inthe long term, due largely to its own commitments to reformits own business services sectors.The paper summarizes theprincipal reform commitments that Russia has undertaken aspart of its World Trade Organization accession negotiations,and compares them with those of other countries that haveacceded to the World Trade Organization. It finds that theRussian commitments represent a liberal offer to the membersof the World Trade Organization for admission, but they aretypical of other transition countries that have acceded tothe World Trade Organization. The authors discuss theoutstanding issues in the Russian World Trade Organizaitonaccession negotiations, and explain why Russian accessionwill result in the elimination of the Jackson-VanikAmendment against Russia. They discuss Russian policies toattract foreign direct investment, including an assessmentof the impact of the 2008 law on strategic sectors and theincreased role of the state in the economy. Finally, theauthors assess the importance of Russian accession to Russiaand to the international trading community, and suggestionsfor most efficiently meeting the government sdiversification objective.