Support The Moscow Times!

Putin Urges Fair Trade

President Vladimir Putin on Monday urged all countries to comply with trade rules, Interfax reported.

"If we made sure that trade liberalization rules developed at global forums, including APEC, are equally acceptable for everyone and equally enforced, this would result in all economies, including emerging ones, having an opportunity to use their advantages," he said at a meeting with labor union leaders from Asia-Pacific Economic Cooperation member countries.

Putin said that some countries unfairly used legal loopholes to protect their economies from foreign competitors while at the same time using the World Trade Organization to enter their markets.

Russia joined the WTO in August.


Related articles:

Read more

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

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.