✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

EU trade chief rejects Russia accusation on WTO bid

Published 06/24/2009, 06:10 AM
Updated 06/24/2009, 06:16 AM

PARIS, June 24 (Reuters) - The European Union's trade chief rejects Russian accusations that Brussels is to blame for Moscow's failed unilateral bid to join the World Trade Organisation, her spokesman said on Wednesday.

Lutz Guellner, spokesman for EU Trade Commissioner Catherine Ashton, was responding to comments by Russian First Deputy Prime Minister Igor Shuvalov on Tuesday that the EU and the United States were to blame for Moscow's decision to ditch unilateral talks for a joint bid with Kazakhstan and Belarus.

"No, we reject this claim. We have been facilitating this process. We have been helpful and very supportive of Russia's bid," Guellner said.

Russia, the biggest economy outside the 153-member global trade watchdog, is now negotiating entry with its former Soviet neighbours as part of a proposed new customs union.

The move, announced by Prime Minister Vladimir Putin, came just days after Russian officials had held talks with U.S. and EU trade representatives.

Ashton and United States Trade Representative Ron Kirk will hold bilateral talks with Russian Economy Minister Elvira Nabiullina on the sidelines of an OECD meeting on Thursday in Paris. (Reporting by Darren Ennis; Editing by Dale Hudson)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.