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Russia may join WTO in late 2006

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MOSCOW, July 7 (RIA Novosti, Christina Rodriguez) - Russia may join the World Trade Organization in late 2006 - early 2007, a senior Parliamentary Assembly of the Council of Europe official said Thursday.

Kimmo Sasi, the PACE rapporteur on the economic situation in Russia, said that Russia was involved in a long negotiation process to join the WTO, but said the talks were going well and no additional conditions were needed for Russia to join the organization.

Sasi said late 2006 - early 2007 was quite a realistic timeframe for Russia's accession to the WTO. Russia has completed talks with 30 WTO members, who account for over 85% of Russia's foreign trade.

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