- WTO Entry Unlikely to Yield Quick Benefits for Russia – Putin
- Russia's WTO Accession 'No Threat' to Customs Union: Official
- Tajikistan Signals Readiness to Join Post-Soviet Customs Bloc
- Russia, Tajikistan Close to Signing New Military Base Deal
DUSHANBE, January 9 (RIA Novosti) – The lower house of Tajikistan’s parliament ratified an agreement on the country’s accession to the World Trade Organization (WTO) on Wednesday, concluding Dushanbe's drive to join the trade body.
Tajikistan was admitted to the WTO last December, becoming only the second Central Asian nation, after Kyrgyzstan, to do so. In order for the accession agreement to enter into force however, it had to be ratified by Tajikistan’s Assembly of Representatives.
The country's Economic Development and Trade Minister Sharif Rakhimzod said on Wednesday his country’s accession “will certainly facilitate the appearance of Tajik goods in world markets and improve investment attractiveness.”
Tajikistan first applied for WTO membership in 2001, promising to enact reforms to open up its economy.
"Foreign investors will be reassured by the applicability of the WTO’s familiar and predictable rules-based system and will know that Tajikistan is now 'open for business,'" WTO Director-General Pascal Lamy said in a statement last month while welcoming Tajikistan to the trade body.
The poorest country in the former Soviet Union, Tajikistan's business climate has been mired by allegations of pervasive official corruption and the influence of a bustling drug trade from neighboring war-torn Afghanistan.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: Life of the First Man in Space in Pictures
Infographics: History of the Paralympic Games
We have witnessed the total defeat of western Ukraine, Western nationalists and the West in general, which made the unfortunate decision to support the anti-government activity. They failed to realize that the collapse of Yanukovych means the collapse of Ukrainian unity. They set fire to their own home and planted a time bomb under Ukraine’s territorial integrity.