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Europe Sees WTO in 2011

Russia may join the World Trade Organization next year, the European Union’s trade chief said Tuesday.

European Trade Commissioner Karel De Gucht said the EU is nearing an agreement with Russia on its entry application. Russian wood export duties opposed by European paper companies, such as Stora Enso, are the main remaining “sticking point,” he said.

“I would say they are now in for early entry … the end of next year,” De Gucht said. 

(Bloomberg)

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