And our teams have been working intensively around the issue of Russian accession to the WTO.
WHITEHOUSE: President Obama and President Medvedev Meet Before G8 Summit | The White House
One result would be better relations with key trading partners and quicker accession to the WTO.
And I would like to especially thank the U.S. President for his huge work and huge support in Russia's accession to the WTO.
WHITEHOUSE: President Obama��s Bilateral Meeting with President Medvedev of Russia | The White House
Today, apart from Russian accession to the WTO and the need to review Jackson-Vanik, we discussed with President Obama a number of international issues.
WHITEHOUSE: President Obama's Bilateral Meeting with President Medvedev of Russia | The White House
Given Russia's accession to the WTO, which the United States strongly supported, we want to see our businesses get access to those Russian markets.
Since then, and especially since the surge that followed its accession to the WTO in 2001, China's economic clout has grown as fast or faster in its own region as anywhere.
We think that Russian accession to the WTO will be good for the Russian economy, will be good for the U.S. economy, it will be good for the world economy.
WHITEHOUSE: President Obama and President Medvedev Meet Before G8 Summit | The White House
They have been rolling off assembly lines in unprecedented numbers since the country's accession to the WTO pushed down prices of imports and so helped to stimulate the market as a whole.
"All Russians are proud that our country is playing a more significant role in world affairs, obtaining accession to the WTO and winning the right to host the 2014 Olympics, " Pavel Khodorkovsky wrote.
Deepening economic cooperation between the United States and Russia in commercial ties will certainly be on the agenda as well, given Russia's accession to the WTO, our continued efforts, again, to get greater access for U.S. businesses to Russian markets.
While accession to the WTO is not high on the list of the current leadership in the Kremlin, private investors like David Bonderman of TPG Capital have said that entry into the organization would ultimately help modernize Russian corporate law and transparency.
While many claims will be made about the benefits of such an arrangement to this country's economy and businesses, the ultimate success of the effort to sell the American legislature on China's accession to the WTO will probably turn on a different contention.
Over the last three years, the United States and Russia have been able to make significant progress on a wide range of issues, including the New START Treaty, the 1, 2, 3 Agreement, the work we've done on Russia's accession to the WTO, and setting up a presidential process whereby issues of trade and commerce, science, technology are all discussed at a much more intensive level.
But I would like to start by thanking President Obama and his team for his active support and engagement in our accession process to the WTO.
WHITEHOUSE: President Obama's Bilateral Meeting with President Medvedev of Russia | The White House
Under the WTO accession, Russia will have to lift these duties and that will hurt the locals.
As part of its WTO accession agreement in 2001, China agreed to allow the United States and other WTO members to treat it differently indeed, discriminatorily on several matters for a number of years after it joined the WTO.
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Lastly, Washington, having strengthened the hand of China's conservatives, may have to soften its demands in areas such as WTO accession if it does not want to see the more open-minded, pro-reform elements in Beijing further undermined.
In its WTO accession agreement, China also committed to simplify and streamline the approval process for wireless communications equipment into a single process but has not yet done so.
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