WTO: Where’s the boost?

Maksim Medvedkov – Head Trade Negotiator, Russian Ministry of Economic Development

Membership in the World Trade Organization (WTO) has been a hot topic in Russia for almost two decades. Moscow went through numerous negotiations and diplomatic battles in the hopes of receiving a huge economic boost after joining the prestigious trade club. Russia has been a full-fledged WTO member since August, but little has changed. So, where is the promised boost to the economy? What should Russia reasonably expect from joining the WTO? We're asking Russia’s main WTO negotiator, Head of the Department for Trade Negotiations of the Russian Ministry of Economic Development Maksim Medvedkov.