What will the termination of the WTO work for Russia


President Donald Trump dealt another blow to the globalist world order system. Due to Washington’s actions, the World Trade Organization (WTO) Court of Appeal has virtually paralyzed. What are the USA striving for, and what does this mean for Russia?


The most interesting thing is that the United States itself stood at the origins of the creation of this international organization, largely positioning it as a counterweight to the UN, where our country has strong positions. Recall that Russia has a veto in the UN Security Council, and Russian is one of the five official languages ​​of this structure. Washington lobbied for the General Agreement on Tariffs and Trade, which later became the WTO.

The United States received another instrument of economic pressure on competitors. WTO rules are maximally oriented to Western countries and transnational corporations that could widely use protectionist measures. Countries entering the organization are forced to open their economics for transnational corporations, which naturally leads to the ruin of national producers. In addition, openly discriminatory approaches are applied to newcomers. Recall that in 2009, President Putin said that Russia, Belarus and Kazakhstan would enter the WTO as a single economic space, but we were denied this. As a result, I had to enter separately, on even more unfavorable conditions.

So why is the United States breaking its own instrument of influence?

There are two reasons. Firstly, Donald Trump is an ardent opponent of the globalist project, and the WTO is one of its brightest manifestations. Secondly, economic and политическая China's power has reached such a level that Beijing has begun to represent real opposition to Washington, even within the framework of this pro-Western trade organization. Therefore, President Trump began to destroy the WTO from within.

The court of appeal of this structure is considered the highest in international trade. Its judges should be appointed for a fixed term by consensus, but the US is blocking this process. Because of this, there is only one appeal judge left today for the entire WTO who is not able to fulfill the tasks assigned to him alone. In fact, the United States halted the operation of an international merchant court. Moreover, President Trump is threatening to block the adoption of the WTO budget for next year.

If you call a spade a spade, the United States shows who is the boss in the house. Among Trump's requirements are a reduction in the financing of the organization, a decrease in the salaries of judges, and the acceleration of litigation. Obviously, President Trump will eventually get his way. It remains to be asked whether our country needs to participate in a structure where our geopolitical adversary openly dominates?

The question is not entirely clear. On the one hand, joining the WTO seems to have opened up access to foreign markets for Russia, which made it possible to apply to the international commercial court. Proponents of this step argued that this would contribute to the "modernization" of the domestic economy. On the other hand, raw materials, as was the basis of our exports, remained so. Oil, gas, timber can be sold outside the WTO. But participation in this organization required the opening of the domestic TNC market, which clearly did not help create competitive production, rather, on the contrary. As for the Court of Appeal, the current situation shows what it costs.

Recall that many economists and experts spoke out against joining the WTO. However, the country was pushed sharply into this international structure after 18 years of negotiations. A referendum on this issue was denied, and the courts sided with the CEC.

Is it time to reconsider the appropriateness of Russia's participation in the WTO?
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  1. gorenina91 Offline
    gorenina91 (Irina) 16 December 2019 13: 49
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    - The WTO for Russia ...- it’s the same as the same WADA in world sports ... -So what is there ... here ... here ... here ... is there anything else to discuss ???
    1. The comment was deleted.
  2. steelmaker Offline
    steelmaker 16 December 2019 14: 18
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    Multiplicity is the sister of talent.

    Not in the eyebrow, but in the eye!

    Well done, IRINA!
  3. Mihail55 Offline
    Mihail55 (Michael) 16 December 2019 15: 16
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    One of the nails in the coffin of our economy was the very fact of joining the WTO! Does anyone really have doubts? I doubt that our scientific forces (destroyed in recent years) could not at least get closer to modern world analogues of technology. Missiles and other military-industrial complex special talk, but we are talking about the rest of the population !!! Or the lack of work for OUR our overbearing up to the bulb ??? Everything is easy to buy ... why break your head. Not even enough strength to master 1 trillion rubles !!!
  4. 123 Offline
    123 (123) 16 December 2019 16: 08
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    Is it time to reconsider the appropriateness of Russia's participation in the WTO?

    What for? If the organization does not suit the United States, then this is just an occasion to think, apparently, there is something useful in this. After all, this has ceased to suit them, let them go, why us?

    So why is the United States breaking its own instrument of influence?

    It's simple, gentlemen no longer like the rules, they no longer give them advantages. And the statement that

    If you call a spade a spade, the United States shows who is the boss in the house.

    extremely doubtful.
    The very idea of ​​the WTO is sound, it is another matter how and under what conditions they entered there, but since they have entered, it is not worth rushing to exit. The WTO now does not interfere, everyone is quietly introducing "sanctions" and "counter sanctions." We’ll wait, maybe the “hegemon” will slam the door and start life anew, we will agree on new rules, especially since the negotiating position is now much stronger.

    On the other hand, raw materials, as was the basis of our exports, remained so. Oil, gas, timber can be sold outside the WTO.

    And how does this affect the export structure? Someone, besides the author, believes that they expected changes in the structure of exports from joining the WTO? Show me at least one wonderful country that traded in raw materials, and after joining the WTO, switched exclusively to the export of high-tech products? And why immediately oil, gas, forest? Is timber also the basis of our exports? Then turn on hemp, tar and furs. Everything, as in the case of the tsar's father. As if weapons or nuclear fuel cannot be traded without the WTO. Wood and wood products make up 2% of our exports.

    https://ru-stat.com/analytics/6356

    and is mentioned solely from a desire to "put pressure on a sore spot."
    1. Nikolay Malyugin (Nikolai Malyugin) 20 December 2019 09: 23
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      (123). If the US WTO is not profitable, then we can benefit from it. Which one? Perhaps the WTO has created some kind of rules. But it is precisely the USA that ignores them.
      1. 123 Offline
        123 (123) 20 December 2019 09: 32
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        If the US WTO is not profitable, then we can benefit from it. Which one? Perhaps the WTO has created some sort of rules. But it is precisely the USA that ignores them.

        Nikolay, the organization is still global, and we have almost no trade with the USA, and the existing minimum to the WTO is mediocre. If necessary, they cancel their prohibitions and suspend them. Do not flog a fever, you need to consider everything, where it is profitable, where not. If the United States does not suit the rules, this does not mean that we should also refuse them.
        Who are their biggest trading partners there? EU? China? Here they have a headache.
  5. boriz Offline
    boriz (boriz) 16 December 2019 17: 52
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    Is it time to reconsider the appropriateness of Russia's participation in the WTO?

    The question is purely rhetorical. It was not necessary to go there either.
  6. Sergey Latyshev Offline
    Sergey Latyshev (Serge) 17 December 2019 14: 09
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    As Putin and K will say, so be it.
  7. Marzhecki Online
    Marzhecki (Sergei) 17 December 2019 14: 36
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    Quote: 123
    Someone, besides the author, believes that they expected changes in the structure of exports from joining the WTO?

    At the same time, the prospect of competition with global brands should stimulate our enterprises to modernize, optimize the management system, introduce energy-saving technologies, respect for resources, and create efficient production facilities.

    https://rg.ru/2011/12/20/doroga.html

    The Russian newspaper is the official media.
    1. 123 Offline
      123 (123) 20 December 2019 10: 43
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      At the same time, the prospect of competition with global brands should stimulate our enterprises to modernize, optimize the management system, introduce energy-saving technologies, respect for resources, and create efficient production facilities.

      I re-read it twice, excuse me, where is it about the export structure? In addition, you should not pass this off as the position of the Rossiyskaya Gazeta, the pros and cons were considered, the quote can be expanded slightly:

      The influx of cheap imports could lead to the closure of a number of weak industries or to their absorption by foreign companies. At the same time, the prospect of competition with global brands should stimulate our enterprises to modernize, optimize the management system, introduce energy-saving technologies, respect for resources, and create efficient production facilities.

      They added only one sentence (highlighted in bold) and it becomes clear that we are not talking about the prospects of export, but about the problems of the survival of their own producers when lifting restrictions and increasing imports. An article from 2011, it was unlikely that at that time they seriously thought about the cessation of raw material exports. In addition, the structure of exports is slowly but changing. Non-commodity exports are growing faster than raw materials. In other words, for a sharp change in the structure of exports in favor of non-raw materials, it is necessary either to stop or slow down the export of raw materials, or to increase very sharply the export of non-raw materials sector. In general, it seems to me that many have snickered a little. More money comes from export, but it doesn’t suit you anymore. They begin to sort out “grub”, don’t like this money anymore, file other “right” ones from non-raw material exports right away. Soon we will get to the requirements of “ecological” export, probably our own Gretta will appear.

  8. Mihail55 Offline
    Mihail55 (Michael) 18 December 2019 12: 15
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    Quote: Marzhetsky
    At the same time, the prospect of competition with global brands should stimulate our enterprises to modernize, optimize the management system, and introduce energy-saving technologies.

    Only the state can do all this! But it has withdrawn from economic development. 1 trillion unused money ... this is already OUT !!!