Proceedings of the Conference of the International Journal of Arts and Sciences
Proceedings of the Conference of the International Journal of Arts and Sciences, 2013
Economic integration and the growing institutionalization of bilateral economic relations is partly the goal of Russia-EU cooperation. Russia’s accession to the World Trade Organization (WTO) facilitates achievement of this goal, because now Russia and the EU have to play by the same rules in bilateral trade. The working hypothesis in this paper is that despite a range of remaining problems Russia’s WTO accession is a positive development in Russia-EU trade and economic relations, because it provides a firm institutional basis for synergy of Russia-EU and Eurasian (Russia, Belarus, Kazakhstan) economic integration.