How to Ensure Sustainable Development of Agribusiness in the Conditions of Trade Integration: Russian Approach

Vasilii Erokhin and Anna Ivolga ()

International Journal of Sustainable Economies Management (IJSEM), 2012, vol. 1, issue 2, 12-23

Abstract: The World Trade Organization (WTO) is currently the leading international organization regulating the issues of liberalization of international trade. In October 2011 the long process of Russia-WTO negotiations was completed. The problem is that the Russian accession into WTO is more related to the general unification of Russian trade policy, not to the effective development of agricultural production. Russian agricultural producers are against integration into the global trade system in the frameworks of WTO. National agricultural production would not be able to compete effectively with foreign producers in the conditions of free market. The complex of supportive measures for Russian agribusiness is needed from the national government, but the situation is worsened by the global financial crisis and lack of budget resources. The paper discusses an overview of the WTO principles in agriculture and possible support measures for the Russian agriculture in the conditions of trade integration.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jsem00:v:1:y:2012:i:2:p:12-23

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