Thursday, October 27, 2011
Georgia Accepts Swiss WTO Proposal, Russia Needs Time to Respond
Sergi Kapanadze, the deputy foreign minister and Georgian negotiator, said that the Georgian side came to Geneva for the Swiss-mediated talks with Russia earlier this week with a “new proposal.”
He said that the Swiss mediators tabled “a compromise proposal” on October 26 on which Georgia had agreed.
Kapanadze says that this compromise proposal still envisages two basic components, which Georgia believes are important for transparent trade across the disputed borders – international monitoring and electronic data exchange.
Kapanadze says that this compromise proposal still envisages two basic components, which Georgia believes are important for transparent trade across the disputed borders – international monitoring and electronic data exchange.
He said that according to the proposal international observers will be deployed on the both ends of “trade corridors” – areas that will be defined by their geographic coordinates not by names in an attempt to keep a status-neutral approach. He declined at this stage to provide details about location of “trade corridors”.
Kapanadze expressed hope that Russia would accept the proposal too that would pave the way for its WTO membership.
Kapanadze expressed hope that Russia would accept the proposal too that would pave the way for its WTO membership.
Russia’s top WTO negotiator, Maxim Medvedkov, said Moscow would require several days to elaborate its position on the Swiss proposal.
“We will be able to make a response next week,” Itar-Tass news agency reported quoting Medvedkov.
“We will be able to make a response next week,” Itar-Tass news agency reported quoting Medvedkov.
RD 20:40:49