Gateway to Russia
 RUSSIA IN FACTS
01 November 2003 10:48
EU/RUSSIA: LITTLE PROGRESS IN REMOVING TRADE BARRIERS, SAYS EUROCHAMBRES SURVEY
Barriers. The survey points to trade barriers on both sides. The top obstacles for European businesses include: bureaucratic and restrictive procedures for company registration and visas; time-consuming and expensive customs procedures as well as inconsistent application of rules by, and non-integrity among, customs officers; technical standards and certification requirements; inadequate protection of intellectual property rights; and complexity of taxation, depreciation and accounting. Among the major obstacles for Russia companies are: the high costs and lack of uniformity of EU customs procedures (with risk of even more cumbersome procedures after EU enlargement); excessive and sometimes arbitrary quality control and consumer protection; lack of information about environmental issues; competition law and anti-dumping procedures; and technical standards and certification. Other findings. EU and Russian Chambers of Commerce tended to express a fairly high level of interest in mutual economic co-operation, but displayed much less familiarity with the opportunities offered by the Russian and European markets. The survey produces ambivalent responses about the impact of EU enlargement on EU-Russia trade and investment. And replies to policy questions related to Russia's planned WTO accession, the concept of a Common Economic Space, and the "Wider Europe" initiative demonstrated an "information gap" between policy making and business people on the ground. On WTO, Russian respondents said they believed that WTO membership would improve Russia's legal standing vis-a-vis the EU in terms of stronger regulatory convergence, but were "sceptical about the readiness of Russian business for an effective and beneficial membership" of the WTO. * "EU-Russia Trade and Investment: Practical Barriers". The survey was addressed to Chambers of Commerce and Industry in the EU, the ten acceding countries, Bulgaria, Romania and Russia. For the report in full, see: http://www.eurochambres.be/publications/index.shtml#er
[CEIW]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.

MOST POPULAR ARTICLES

The war Against Terror: Task Force 121`s Big Catch
Russians to face inflation shock in January.
The Ideal Thermometer
The game against the dollar continues; Corporate bonds grow again
The Poisoned Tree
A case of selective justice and a bad precedent
A Challenge to the Authorities
Money for ideas

MORE OF THE LATEST NEWS

Russian Party of Life to propose its own presidential candidate
Adzhar leader rules out participation in Georgian presidential elections
Mobile networks facing overload
Army to continue guarding Russia`s interests
Rightist leader to run for president
Moldova: Transnistrian problem in deadlock without Russia
3G communications to emerge in Russia
Results of Duma elections to be canceled

RESEARCH DOCUMENTS

Investment Attractiveness Rating of Regions New!
Expert 200
Ratings of Audit Companies
Profiles of Russian Companies
Privatization, Competitive Environment
and Effectiveness of Management. Report synopsis.

top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times