Russia hopes to finish talks on gaining membership of the World Trade Organization (WTO) by the end of the year, Russian President Dmitry Medvedev said on Sunday.
Medvedev, who is accepting in Moscow Swiss President Micheline Calmy-Rey, said that apart from the Russian-Swiss relations he would discuss “a situation about Russia’s accession to the WTO” since Switzerland is a mediator in Russia's WTO accession talks.
“I hope that today’s talks will be successful and…Russia will join the WTO till the end of the year,” Calmy-Rey said.
The new deal proposed by Georgian Deputy Foreign Minister Sergi Kapanadze involves setting up a neutral monitor to oversee the sale of goods involving the former Georgian republics of Abkhazia and South Ossetia.
Moscow said it needed time to study the offer.