Pushing Russia into the WTO, Good or Bad?

by Jared Fruland

I was recently on MSN Money Central and one article really caught my attention. It involved the recent developments towards the push for the government of Russia to join the syndicated World Trade Organization. If Russia agreed to join the WTO, it would possibly prevent a Russian Economic Catastrophe. However many factors have kept Russia at a 13 year stand still for membership into the WTO. Polonium poisoning, assassinations, blackmail campaigns, and disputes have all kept members of the WTO to turn an eye away from Russia. This week the WTO meets again and after 13 years they are deciding whether or not to approve the membership of Russia into the WTO. Membership into the WTO for Russia is crucial to keep a stable economy.