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Russia is the biggest economy still outside the 147-nation WTO (Photo: Italian EU Presidency)

EU and Russia close to agreement on WTO

Brussels and Moscow on Thursday came close to an agreement that would open the way for Russia to join the World Trade Organisation (WTO).

"Substantial progress was achieved during the negotiating session on all issues across the board, including market access in goods and services and systemic issues like energy", said a joint statement following talks between Trade commissioner Pascal Lamy and the Russian economy...

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Russia is the biggest economy still outside the 147-nation WTO (Photo: Italian EU Presidency)

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