Ukraine Becomes WTO Member

Quote: Ukraine has become a member of the World Trade Organization.
Presidential press service disclosed this to Ukrainian News.
Ukraine has become the 152nd state in the organization.
"The date will become history of our state, as the day when Ukraine was acknowledged as a member of the world's economic commonwealth by the international society," the report reads.
The talks on Ukraine's accession to the WTO have lasted for 14 years.
While this time, Ukraine has held bilateral consultations on access to commodity and service markets with 52 states-members of the organization, endorsed over 50 laws needed to bring Ukrainian legislation in a line with WTO requirements.
The report also said that the WTO opens wide opportunities for Ukraine to speed up development of national economy. In this, Ukraine receives favourable trade regime in relations with 151 countries, opportunity to use international instruments on settling trade conflicts, and opportunity to take part in elaboration of rules of international trade.

http://www.ukranews.com/eng/article/122625.html

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