Russia and Poland will try this week to resolve a trade dispute resulting from Poland's entry to the European Union next year, diplomats said on Tuesday
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.
The most popular articles
In January 2009, the EBRD commissioned two Italian consultants to study Turkey's sustainable energy market in preparation for future investments.
more »
Next week a delegation of more than 50 Chinese businessmen, accompanying the Chinese Vice-Premier Hui Liangyu, are arriving to Lithuania.
more »
The German developer “ECE” together with Lithuanian partners opened a new shopping and entertainment centre Ozas Gallery in Vilnius.
more »
As it embarked on an ambitious stimulus spending, Thailand turned to the World Bank for advice on how to fast track the spending coupled with proper management controls to keep programs on the rails.
more »
Peter Reiniger Business Group Director for Central Europe and the Western Balkans from the European Bank for Reconstruction and Development visited Latvia to sign subordinated loan agreement with Parex banka.
more »
On Monday AB DnB NORD Bankas started placement of a 13-month fixed-rate Lithuanian government bonds. It is the first time when Lithuanian sovereign USD denominated securities will be available on Lithuania’s retail market.
more »
The Swedish business daily Dagens Industry published an interview with Andrius Kubilius, the Prime Minister of Lithuania, to Bloomberg News.
more »
The economic crisis still has a firm grip on large parts of the world. But Sweden’s Minister for Trade Ewa Björling can see bright spots.
more »
The European Bank for Reconstruction and Development and KfW Entwicklungsbank (The German development bank) are providing a financing programme worth up to €28.9 million to MegaBank - one of the strongest regional banks in the eastern Ukraine.
more »
A settlement in an international tax dispute that strained U.S. ties with Switzerland.
more »