Russia, which first applied for membership in the World Trade Organization in 1994, appears poised to gain entry soon. One of the last major hurdles standing in the way was an agreement with the United States, but the two sides reached agreement in principle Friday. With agreements already forged with the European Union, China, and Japan, there is little stopping Russia, the largest economy not already in the WTO, from becoming the 150th member.
The New York Times
Reuters
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