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Senate Finance Leaders to Review Russia WTO Accession Package

Senate Finance Committee Chairman Baucus (D-MT) and Ranking Member Hatch (R-UT) commented following the decision by the Working Party on the Accession of the Russian Federation to the World Trade Organization (WTO) to approve the terms of Russia’s accession. This…

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decision cleared the last hurdle before WTO ministers can formally invite Russia into the WTO, which is expected to happen in December 2011. The Finance Committee leaders state that they will be reviewing the final agreement and Russia's implementation to ensure the result is a high-standard agreement that will provide a job creating economic boost to the U.S.