Template-Type: ReDIF-Article 1.0 Author-Name: Chuvakhina Larisa G. Author-Email: l-econom@mail.ru Author-Workplace-Name: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation Title: Russia and the WTO. Membership Seeking Issues and the Prospects for the Newcomer Abstract: The article author describes the problems Russia faces as a seeker of membership in the World Trade Organization. The author examines what the advantages and disadvantages of the Russian membership in the organization are for the Russian national economy. According to the author, for Russia, the WTO membership is a strategically important step as many of the key aspects of the social and economic development of the country will change when the membership is granted to Russia. To a large extent, the number of advantages and disadvantages the new member has is determined by the efficiency of the Russian foreign policy makers’ efforts, and by the way the large scope of foreign policy instruments is used. Classification-JEL: Keywords: foreign trade, WTO, negotiation process, tariff policy, systemic issues, Customs Union Journal: Finansovyj žhurnal — Financial Journal Pages: 19-30 Issue: 3 Year: 2010 Month: July File-URL: http://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2010/3/statii/100302.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:100302:p:19-30