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Wednesday, December 19, 2001
 


USTR Zoellick hopes to boost Russia WTO bid

Reuters

WASHINGTON: US Trade Representative Robert Zoellick said he hoped a meeting in Paris on Monday with Russian Economic Trade and Development Minister German Gref would boost Russia’s bid to join the World Trade Organisation. “Our economic relationship with Russia has developed rapidly in recent months and Minister Gref and I will explore concrete ways in which to capitalize on this positive momentum, especially by advancing Russia’s accession to the WTO,” Mr Zoellick said in a statement released in Washington after he had departed for three days of meetings in Paris and Brussels.


The talks with Mr Gref follow a decision by President George W Bush last week to notify Moscow formally that the US will abandon the 1972 Anti-Ballistic Missile Treaty to begin work on a new missile defense system. Although Prime Minister Vladimir Putin called the decision a “mistake,” the response from Moscow was not as critical as many expected. Mr Putin has placed a high priority on Russia joining the WTO, which recently opened its door to China as a new member.
Russia’s bid has gathered steam in recent months, especially after Mr Putin’s decision to support the US in its war on terrorism. Russia is the largest economy that is not yet a member of WTO.

Following a series of informal meetings at WTO headquarters in Geneva, members of the “working party” on Russia’s accession bid “have agreed to pursue a vigorous negotiating timetable in the first part of next year,” Mr Zoellick said. “The new dynamic of US-Russia economic interaction has invigorated all aspects of our relationship, as we seek to support Russia’s continued integration in the global trading system, successful domestic economic reform, and the promotion of a stable and transparent investment climate,” he added.
Brussels meetings.

Mr Zoellick will travel to Brussels for meetings with European Union trade chief Pascal Lamy and other EU officials on Tuesday and Wednesday, the US Trade Representative’s office said. It will be first bilateral meeting between Mr Zoellick and Mr Lamy since the WTO ministerial last month in Doha, Qatar, where they both helped launch a new round of trade talks. Since then, the Bush administration’s bid for enhanced trade negotiating authority has survived a narrow vote in the House and is set for Senate consideration early next year.
EU and US officials said that during Mr Zoellick’s visit to Brussels, he and Mr Lamy would discuss the next steps in the WTO following the decision last month to launch a new trade round. The two men are expected to review a range of transatlantic trade disputes, including a long-running row over US tax breaks for exporters.

The WTO appeals body is expected to give a final ruling on the rights and wrongs of the dispute in January. If the EU wins the case, it has threatened to push for up to $4 billion in sanctions on US goods. Mr Lamy and Mr Zoellick will also discuss a brewing row over steel. Mr Lamy has said the EU would complain to the WTO if US President George W Bush accepts recommendations from the US International Trade Commission that Mr Bush provide up to four years of import relief for US steel companies, including possible high tariffs.

Mr Lamy and Mr Zoellick could announce a resolution of a dispute over music royalties, an EU source said. A WTO panel ruled last year that US bars, small restaurants and shops should pay royalties for music they play to entertain customers. The Irish Music Rights Organisation had argued that exemptions from copyright payments granted to small establishments in the US could deprive Irish songwriters of several million dollars in royalties.

Mr Zoellick will also want to discuss US concerns over a three-year-old EU ban on approving new types of genetically modified crops, the US source said.

 
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