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Russia and the other CIS countries should join the World Trade Organisation on terms that will benefit their economies, President Vladimir Putin said at a meeting with the members of the High-Level Group. Mr Putin underlined that this should be the guiding principle for cooperation with the WTO and for developing relations with the European Union, the principal economic partner

July 25, 2003

The President said he believes that Russia, Belarus, Ukraine and Kazakhstan will be able to create a common economic area. This should go ahead on a voluntary basis, uphold the principle of sovereignty, and decisions regarding it should be taken with a full understanding of the advantages it offers.

The High-Level Group was established on the initiative of the four countries involved to draft the necessary documents and agreements for the creation of a common economic area encompassing Russia, Belarus, Ukraine and Kazakhstan.

July 25, 2003

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Official website of the President of Russia