MINSK, 8 October (BelTA) – Belarus' accession to the World Trade Organization (WTO) is a priority for the Eurasian Economic Union (EAEU), BelTA learned from Sergei Afontsev, Deputy Director of the Institute of World Economy and International Relations of the Russian Academy of Sciences, Corresponding Member of the Russian Academy of Sciences.
Sergei Afontsev is in Minsk for the Minsk Dialogue Forum. He noted that the EAEU and the EU can pool efforts in a lot of areas to help Eastern European countries become more independent to participate in the global economy. “Belarus' accession to the WTO has become a priority for the Eurasian Economic Union. This step would make cooperation between companies of the EU and Belarus easier,” Sergei Afontsev said. “The EAEU, the EU and some countries could help Belarus achieve this goal,” he added.
For example, Russia can share experience in taking decisions and avoiding risks during this process. “The EU's role is also clear. Partner relations mean helping each other, not simply advising,” Sergei Afontsev noted.
He said that national legislations do not meet the WTO standards from the start. Harmonization requires a set of amendments. A country which wants to join the WTO should carry out a lot of work. “Such countries need help from those who have experience in this work,” Sergei Afontsev said.
BelTA reported earlier that Belarus plans to conclude the negotiations on its accession to the organization before the 12th WTO Ministerial Conference in June 2020.More about Economy