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June 03, 2007 Sunday Jamadi-ul-Awwal 17, 1428





US trade mission to visit Russia


WASHINGTON, June 2: US Trade Representative Susan Schwab heads to Russia late next week for expected talks on Moscow's bid to join the WTO and other issues, a US trade official said on Friday.

Schwab is scheduled to participate in a panel on June 10, at the St. Petersburg International Economic Forum.

While in Russia, she will likely meet with Russian Trade Minister German Gref to discuss what additional steps Moscow needs to take to join the WTO, a spokesman for the US Trade Representative's office said.

The United States and Russia struck a bilateral deal late last year covering agricultural, manufacturing and other market access provisions of Moscow's entry into the WTO.

However, Russia still must reach a final entry agreement with all 150 members of the WTO. In those negotiations, Washington is pressing Moscow to take stronger steps to stop widespread piracy of American movies, music and software.

Schwab will head to Russia after accompanying President George W. Bush to the annual Group of Eight summit meeting next week in Heilgendamm, Germany. Trade ministers from the eight leading countries are expected to discuss how to push world trade talks to a successful conclusions this year.

The industry has been waiting for months for Russian officials to arrive to inspect US beef plants — a move they say is long overdue under last year's bilateral agreement.---Reuters






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