China Is Stepping Into The Bottleneck Stage For Russian Shoe Products.
As early as October 2004, China and Russia signed official documents relating to Russia's accession to the WTO.
After entering the WTO, the market access and investment environment of Russia will change significantly.
Economy and trade
Cooperation, especially the economic and trade relations between the two countries' adjacent areas, will have a profound impact.
It is believed that Russia's accession to the WTO will bring new opportunities and new competition and challenges to Sino Russian economic and trade cooperation, but in general, advantages outweigh disadvantages.
Russia's import tariffs have been relatively high, but after joining the WTO, Russia must reduce the tariff level to 5% according to the requirements of WTO.
This is to improve our tradition.
advantage
Commodities offer opportunities in the Russian market.
But when Russia's market access threshold is lowered, competition in its low-end product market will become more intense.
At present, apart from agricultural and sideline products, clothing, textiles and footwear are still our main exports to Russia.
In addition to price advantage, these products do not have obvious competitive advantages in the Russian market. Many goods can not be placed in regular stores, boutiques, and boutiques.
Counter
It can only be sold in the open market.
After Russia's accession to the WTO, it will also open its market to other WTO members.
Chinese commodities are bound to compete fiercely.
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