Support The Moscow Times!

Putin Sees Trade Inequities

Trade restrictions in other countries cost Russian exporters about $2.5 billion a year, Prime Minister Vladimir Putin said at a conference on World Trade Organization accession Thursday.

"Russian exporters frequently encounter various forms of restrictions and unfair competition on the market of other countries. Estimates put losses from these restrictions at $2.5 billion per year," Putin said.

Russia already acts to a considerable extent within the WTO legal framework, Putin said. This is helping an open trade regime emerge, lowering administrative barriers and improving the business climate and competition, he said.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.