Economy and politics
April 10, 2008Flash Note: Welcome to the WTO
Ukraine is in the WTO, at last. Thursday, Ukraine’s parliament approved protocol on Ukraine’s accession to the WTO. This was the final step needed for the country to access the organization, after Ukrainian President Viktor Yushchenko and WTO Director- General Pascal Lamy signed the accession protocol on Feb. 5, 2008 in Geneva. Ukraine has been trying to enter the WTO for 15 years and this final outcome is a strategic gain. We expect gradual improvements in the quality and volume of Ukrainian exports in the forthcoming years.