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Russia's entry into WTO will drive the rubber and plastic machinery market demand

Russia's entry into WTO will drive the rubber and plastic machinery market demand

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  After 18 years' long negotiation, Russia successfully joined the world trade organization. As the sixth largest economy in the world, Russia to join the world trade organization will have profound influence to the world trade and investment patterns . As the world trade organization director-general PASCAL lamy & middot; Lam said evaluation, this means that the world opened up a new trade opportunity, the world trade organization from now on will cover 97% of the world's total trade.

  Since the official becomes a member of the WTO, that will bring in Russia's own influence. The researcher ROM of Chinese international economic development research center industry points out, that not only help Russia's entry into WTO and further into the world economic integration, but also help the Russian economy healthy and stable development, that will also push the international trade development and multilateral trading system construction to create a new opportunity.

 

  First is the active import and export trade. Accession to the world trade organization, the Russian general tariff level will be from the current 10% to 7.8%, imports will more smooth flooding into the Russian market. At the same time, the wto members also will be relieved to Russia product import restrictions, for Russia to enter the international market goods cleared the obstacles. As the former Russian deputy prime minister and finance minister KuDeLin said, to join the world trade organization will help Russia development of export. If Russia join the world trade organization (wto), the European Union will cancel to Russia import quota of metallurgical products. Russian economic circles personage thinks, accession to the world trade organization, Russian steel and chemical companies will benefit directly from the export trade. In addition, Russia can also make use of wto rules, improve the product export structure, the promotion export the added value of the products. For example, to join the world trade organization, Russia will have not processing wood export quota, this will help to promote the development of Russian wood processing enterprise, expand wood processing products export.

  eliminate the trade discrimination, get equal trade status. Russian experts also think that Russia after China's accession to the wto will have the conditions using the wto's dispute settlement mechanism, for Russia in the international market for goods on rights, avoid unnecessary loss. Russia industrialists and entrepreneurs union vice President igor & middot; Jurgen root, believe that the accession to the world trade organization can make Russia effectively avoid the countries concerned to Russian goods of the implementation of the anti-dumping sanction, every year can be so reduce the loss of $2 billion.

  The third is to attract foreign direct investment. Accession to the wto will push Russia standardize market order, promote foreign capital on Russian business environment of faith. On one hand, Russia will start, according to the world through act to the rules of the game, this means that Russia's foreign economic policy especially trade policy will be more clear. On the other hand, the world trade organization agreement on trade and investment measures and trade in services (gats), especially the intellectual property rights, trade and investment, goods and services such as market access rules, will push Russia to create a more transparent and convenient business investment environment. In addition, to join the world trade organization for Russian companies will also provide an opportunity to enter the European market, Russia and other countries to speed up between the two-way flow of capital, technology, promote to speed up the economic transformation and upgrading of Russian pace.

  Of course, Russia's accession to the world trade organization also need to pay the price. This also is the long-term Russia since the domestic about whether the accession to the world trade organization has all sorts of arguments and the cause of the differences. Objections include open doors will weaken Russia's economic policy independence; Accept the wto rule restriction, means that open markets, reduce or remove tariffs, reduce state subsidies, allow foreign companies to participate in the country bid procurement, this will lead to part of the enterprise life difficult even bankruptcy, increased unemployment, and so on. For example, in many years involved in negotiations of sensitive issues, including agricultural subsidies, car assembly standard, wood import and export taxes, financial and insurance market opening, Russia until now also did not find a good solution, can only say that first to make any concession, and act accordingly.

  But anyway, most people believe that the accession to the world trade organization to Russia economic bring of negative effect can be controlled and affordable, the main reasons: one, the fall in the levels of Russian tariffs is the gradual, Russia enterprise have time to also have the ability to digest. Russia join the world trade organization, the secretary for higher economic information, college professors, graham, another said, accession to the world trade organization, except in 2008 to 2009 in response to the financial crisis and the international raised import duties on goods immediately reduce outside, most of the other import duties on goods temporarily will remain the same; 2 it is, just as Russia former deputy prime minister and finance minister KuDeLin think, 10 years in the implementation of the Russian ruble stronger exchange rate policy, in fact for foreign imports has reduced the obstacle, and exchange rate policy to Russian domestic enterprise influence than Russia into the world trade organization to meet the conditions that do better concessions; Three is, and domestic enterprises in the future when the Russian government competition purchase order will still get preference; Four Russia's financial industry robust performance, can provide strong support for the real economy.

  Russia to join the world trade organization is the inevitable choice, this is not only in the Russian economy strategic interests, also be helpful for further close emerging economies and to compound the economic and trade cooperation between countries, for the establishment of a new international economic order provide fresh power. ROM. The fai analysis points out, after enters Russia will gradually into the global economy, trade environment more stable, is bound to bring a new round of prosperity trade between China and Russia. What be worth to be carried particularly is, rapid growth of Russia's rubber and plastic machinery in the international market has always been concerned, to enter the WTO era of the Russian market will give China rubber and plastic machinery enterprise to bring the new export opportunities.

  According to the wto agreement, Russian general tariff levels from 10% to 7.8%, with the overall level of agricultural products from the current tariff will be 13.2% to 10.8%, manufactured goods tariffs by 9.5% overall will adjust to 7.3%. Since the date of entry into wto, Russia has the obligation to more than one third of the import and export tax items the new tariff system, another quarter taxable items will be in 3 years adjustment in position.

  At present, the main market Russia rubber and plastic machinery import kingdom Germany, Italy and Ukraine, and other countries, China ranked fifth place. As tariffs, as Russia's neighbors, either from the geopolitical convenience or price advantage from top to see, China rubber and plastic machinery industry will be all the more rewarding. In addition to outside tariffs, Russia's accession to the wto will also give China rubber and plastic machinery industry has brought long-term results, this is mainly embodied in the following two aspects: one is to Russia to further improve the investment environment, is expected to attract more foreign cars, tire manufacturer to the factory to lead the rubber and plastic machinery needs; Second, in the wto rules constraints, Russia customs management system will be more standard, legal, trade dispute is also expected to be more efficiently solved, it will undoubtedly promote bilateral trade cooperation as part of the two countries, China rubber and plastic machinery manufacturers can be more convenient to export their products.

  In recent years, Russia rubber and plastic machinery market development is rapid, scale has amounted to $300 million to $400 million, huge potential for future development. Currently Russia there were more than 2000 companies involved in rubber processing, 45% of the rubber and plastic machinery in use fixed number of year 10 to 20 years between, 25% more than 20 years, the equipment to be updated. In addition, plastic products demand growth space is very big also, will drive the rubber and plastic machinery market demand increased. As Russia food industry is developing rapidly, to plastic packaging materials needs corresponding growth; Building materials, sporting goods, stationery and the auto industry to plastic products of the rising demand.

  In addition, China's export Russia will also have tyres a new opportunity. Russia is tires needs power, especially in the economy now in the process of the Russian market demand on the tyres significantly increased. At the same time, China's export tire of strong price advantage, more suitable for the current Russian market. Since 2005 China into the Russian market of auto batch, also contributed to the Chinese tire industry Russian market for attention.

 

 

 

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