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
China's premier told the National People's Congress Thursday that the nation expects to achieve 8 percent economic growth this year.
more »
The European Commission is calling on EU leaders to further step up coordinated European action to fight the economic crisis.
more »
Biggest auto bosses except some changes in the car market, but despite this optimism, many say this could be last large-scale car show for several years.
more »
Taking into account changes in domestic money market AB DnB NORD Bankas, a member of international financial group, has changed corporate time deposit rates.
more »
A gradual increase in minimum tax rates on cigarettes, to at least €1.50 per pack by 2014, and other tobacco products, was backed by the Economic Affairs Committee on Monday, but it advocated smaller increases than those proposed by the Commission.
more »
About 2,000 Belgian postal workers marched in the centre of Brussels to protest over plans to privatise and reorganise the Belgian postal sector.
more »
In October last year Iceland suffered the most severe economic crash of any country during peacetime.
more »
ATMPortfoliosForSale.com, a site dedicated to the buying and selling of ATM businesses and portfolios, is reporting a drastic increase in ATM portfolio acquisitions.
more »
As the United States economy sinks further into recession fertility clinics have seen more women offering to donate their eggs for cash windfalls of up to 10,000 (USD).
more »
A group of financial experts has put forward 18 detailed recommendations to strengthen supervision of the EU’s financial institutions and markets.
more »