Wednesday, September 06, 2006

One for the birds

Commerce, trade, politics, sport. All various arms of state conduct. Each can be highly sensitive. Some of the complexities involved, have reared their head after Russia warned in mid-August 2006 of economic sanctions against the US if America didn’t facilitate Russian entry into the World Trade Organisation (WTO). Russia’s economic ministry threatened to scrap the preferential status it gave for American poultry and red meat. It’s the first time that Russia, evidently feeling resurgent after hosting the recent G8 summit, has threatened sanctions, which were until now imposed by the US on Russia for its support to Iran.

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Source:- IIPM Editorial

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