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U.S. ag exports will benefit from Russia's WTO membership
Story Date: 3/23/2012
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Source: FARM FUTURES, 3/22/12
The World Trade Organization approved Russia's full entrance late last year. Russia is expected to complete full ascension into the WTO later this year. With Russia's full participation, Trade Analyst Eric Trachtenberg says duties for all products went from 10% to 7.8%, and for ag exports they were cut from 13% to 10%. Trachtenberg says many U.S. export products will benefit.
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