"We have had new suggestions from the Russian government to put it (the interim agreement) into effect as soon as possible," said Horst Krenzler, director general of the European Commission. "We hope the interim agreement will come into effect early next spring."
The Corfu agreement, signed in June, would lift many trade barriers on the sale of Russian goods to Europe and encourage Western investment in Russia's flagging economy.
An interim pact would allow many of the benefits of the Corfu agreement to come into force before the full treaty is ratified by the Russian and EU governments.
Speaking to reporters after an EU-Russia Joint Committee meeting, Krenzler said discriminatory excise taxes imposed by Russia on imported goods still stood in the way of the agreement.
"For the time being, we're not satisfied," he said, adding that a Russian proposal to phase the taxes out by 1996 was being examined.
A bilateral commission will be formed to discuss this and other outstanding questions.
The EU is by far Russia's biggest trading partner, accounting for some 45 percent of the country's non-CIS trade turnover.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
