Press Release: EU announces formal recognition of Russia as ‘Market Economy’ in major milestone on road to WTO membership

Author (Corporate)
Series Title
Series Details IP/02/775 (30.5.02)
Publication Date 30/05/2002
Content Type

At the EU-Russia summit on 29 May 2002 European Commission President Romano Prodi took the unprecedented step of announcing that the EU would be granting Russia the formal status and treatment of a fully-fledged 'market economy', paving the way for Russia to join the WTO.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/775&format=HTML&rapid=0&language=EN&guiLanguage=en
Related Links
Website: World Trade Organization https://www.wto.org/index.htm

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