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Russia’s accession to the WTO – opportunities for Irish exports & investment

November 18, 2011 Comments off

Dr. Constantin Gurdgiev:  “The market potential for Irish trade with Russia is in the region of €1.3-1.5 billion or roughly double the current levels of exports; for Irish investment into Russia is in the region of €1 billion per annum. There is also a huge potential for Russian investment into Ireland. In recent years, Russian investments into EU have been increasing from about €3 billion annually in 2008 to the expected volume of €4.1 billion in 2011. But Ireland remains off the map for Russian investors with just two Russian-owned companies being clients of the IDA.”

Read full article on trueeconomics.blogspot.com.

 

Related News

WTO Working Party seals the deal on Russia’s membership negotiations

Nov 10. Russia’s accession to the WTO cleared a major hurdle when the WTO Working Party on its accession approved, ad referendum on 10 November 2011, the package spelling out Russia’s terms of entry to the organization. The Working Party will now send its accession recommendation to the 15 —17 December Ministerial Conference, where Ministers are expected to approve the documents and accept Russia as a WTO Member.

 

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