Monday, October 17, 2005

Ukrainian WTO Dreams?

Ukraine plans to join the World Trade Organization (WTO) in December, Ukrainian President Viktor Yushchenko said Monday.

"Work is continuing, and we plan to make Ukraine ready to join the WTO in December of this year. Three-quarters of preparations for this have already been completed," the president said.


Read the little bit more here. Optomistitc, ain't he?

Unfortunately, Pascal Lami, Director General of the WTO, says:

The Director General of World trade Organization Pascal Lami reckons there is no chance for Ukraine to enter WTO in December, 2005.

“There is a long queue of the countries intending to enter WTO. But no Russia neither Ukraine will be able to complete all negotiations concerning the entrance by the end of the current year. They should wait a bit,” mentioned Lami.


Read more here.

We'll see if that happens. If Lami's statement holds true, Yuschenko is going to lose big time to Timshenko when comes election time. "Look, he betrayed us!" We'll see if politics will makes what he said hold true. The US might bring to bare some serious pressure to bare to get Yuschenko some support.

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