The trade dispute

Published: 26 November 2003 y., Wednesday
The dispute, stemming from Poland's decision last month to revoke a bilateral trade agreement with Russia, will be a key topic during Russian Foreign Minister Igor Ivanov's talks on Wednesday with his Polish counterpart Wlodzimierz Cimoszewicz in Warsaw. Poland has been forced to annul the deal, which guarantees mutual privileges in trade in many products, because it has to bring its import and export rules in line with those of the EU when it joins the bloc in May, along with nine other countries. "We hope there will be an agreement. Nobody wants a trade war," a Russian diplomat said. "The lack of a solution will be more painful for Poland than Russia. Most Polish goods may face double custom duties." Russia would like to extend the life of bilateral agreements with Poland and other EU newcomers beyond May and until Moscow and the European Commission, the EU's executive body, clinch a new comprehensive deal on mutual trade after the bloc's enlargement. A trade dispute with Russia would harm Poland's machine, paper, chemical and food processing industries, which dominate its $1.3 billion annual imports to Russia. Russia exported $4.4 billion worth of goods to Poland last year, mainly gas and oil
Šaltinis: themoscowtimes.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Gender equality is part of the solution to exit the crisis – new report

Both women and men have been hit by job losses in the downturn, says a new report adopted by the European Commission today. more »

Globalisation fund: Parliament backs aid to Sweden, Austria and the Netherlands

Unemployed car and construction workers in Sweden, Austria, and the Netherlands will get €15.9 million in EU Globalisation Adjustment Fund aid for training, self-employment and professional orientation services under a plan endorsed by Parliament in plenary on Wednesday. more »

Getting back to work

As the economy recovers, EU countries will need to phase out crisis measures. The question is when? more »

Commission approves public service compensation for Polish Post until 2011, subject to conditions

The European Commission has endorsed, under EU state aid rules, a Polish scheme intended to compensate the Polish Post for net losses incurred in discharging its public service obligations between 2006 and 2011. more »

EU and its Member States committed to make life easier for small companies

The European Commission reports good progress in the implementation of the Small Business Act (SBA) in 2009. more »

Commission approves € 230 million to cushion the impact of the economic crisis in 13 African and Caribbean countries

The European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the so-called Vulnerability FLEX mechanism (V-FLEX). more »

Easier credit to help unemployed people start up businesses

Legal measures to make it easier for people who have lost or risk losing their jobs to get credit to start up their own businesses were backed by the European Parliament on Tuesday. more »

“The business sector wants long-term rules”

How can companies and industry help to stop climate change? This is one of the questions on the table when Sweden’s Minister for Enterprise and Energy Maud Olofsson attends the climate change conference in Copenhagen on Monday and participates in a panel discussion organised by Businesseurope. more »

Gas Coordination Group discusses the gas supply outlook and the emergency preparedness in the EU

In a meeting held today in Brussels, the Gas Coordination Group, under the chairmanship of the Commission, has discussed with Russian Gas Company Gazprom the gas supply and demand outlook and investment strategy of the company in both Russia and the EU. more »

Commission approves impaired asset relief measure and restructuring plan of Royal Bank of Scotland

The European Commission has approved under EU state aid rules the impaired asset relief measure and the restructuring plan of Royal Bank of Scotland (RBS). more »