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

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

© 5M Enterprises Ltd.
2000 - 2007
No part of this site may be
reproduced without permission

5M Enterprises Ltd., 4 Haywood House, Hydra Business Park, Nether Lane, Sheffield, S35 9ZX, England.

Co. Registration 3332321 - A Benchmark Holdings Ltd. Company