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Accession of CIS countries to the World Trade Organisation

  • Lücke, Matthias

This paper discusses the benefits as well as the adjustment problems resulting from the proposed accession of the member countries of the Commonwealth of Independent States (CIS) to the World Trade Organisation (WTO). In the area of trade-related policies, the CIS countries will have to make strategic decisions on policy objectives that have so far been avoided. Necessary adjustments to specific policy instruments will be limited and mostly technical in nature. Similarly, current plans for regional integration among CIS countries are fundamentally in compliance with WTO rules. However, negotiating strategies should be carefully coordinated among CIS countries that are in a de facto, though not necessarily a de jure customs union. Systemic transformation, especially the imposition and further strengthening of financial discipline on formerly socialist enterprises through privatization and elimination of subsidies, will need to be carried forward vigorously. Benefits of WTO accession include the consolidation of recent improvements in market access and, above all else, greater credibility for market-oriented reform policies through the international commitments to be entered into by CIS governments with respect to future trade-related policies.

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File URL: http://econstor.eu/bitstream/10419/941/1/226243427.pdf
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Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 796.

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Date of creation: 1997
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Handle: RePEc:kie:kieliw:796
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  1. Orlowski, Lucjan T, 1995. " Corrigendum [Direct Transfers between the Former Soviet Union Central Budget and the Republics: Past Evidence and Current Implications]," Economic Change and Restructuring, Springer, vol. 28(2-3), pages 235-37.
  2. Langhammer, Rolf J. & Lücke, Matthias, 1995. "Trade among the Post-Soviet states: evolution and policy issues," Kiel Working Papers 708, Kiel Institute for the World Economy.
  3. Orlowski, Lucjan T., 1992. "Direct transfers between the former Soviet Union central budget and the republics: Past evidence and current implications," Kiel Working Papers 543, Kiel Institute for the World Economy.
  4. Orlowski, Lucjan T., 1993. "Indirect transfers in trade among former Soviet Union Republics: Sources, patterns and policy responses in the post-Soviet period," Kiel Working Papers 556, Kiel Institute for the World Economy.
  5. Piazolo, Daniel, 1996. "Trade integration between Eastern and Western Europe: Politics follows the market," Kiel Working Papers 745, Kiel Institute for the World Economy.
  6. Rolf Langhammer, 1995. "Endogenous tariffs and economic transformation," Intereconomics: Review of European Economic Policy, Springer, vol. 30(2), pages 77-86, March.
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