ThePigSite.com
5M Retail Now Open - Win a Ipad 2Sign up for ThePigSite weekly newsletterFollow us on Twitter
News

Russia To Invest $9 Bln In Agriculture In WTO Accession Bid

18 April 2006

RUSSIA - Russia will spend $9 billion of its budget on developing agriculture as part of its bid to join the WTO, a deputy economic development and trade minister said Monday.

But Maxim Medvedkov, Russia's top negotiator at the WTO talks, said Russian agriculture was still unlikely to be globally competitive in the next decade

"It is not realistic to speak about [competitiveness] in the next 5-10 years," he said.

Experts have been drafting plans on where the budget allocations will be spent, Medvedkov said.

To continue reading this article please click here

Source: Novosti



Share This
Related News
More News
Our Sponsors
Partners