Russia's Foreign Trade Policy Adjustment And Problems After Entrying Into WTO

In recent years,the rapid development of the world economy has presented a global trend.The accession of all countries to the World Trade Organization is an inevitable choice for entering the world market.Russia's accession to the WTO in 2012 was,on the one hand,Russia's active integration into the process of globalization,the alignment of its own trading system with the world,and the promotion of the country's economic development;on the other hand,economic globalization also requires Russia's accession.Good to fill the energy gap.In order to join the WTO,Russia has taken many measures and commitments,including adjustments to the country's tariff levels,service trade,currency control,etc.,and has made efforts to improve the country's overall foreign trade policy and meet the rules of the international trade market.These changes and adjustments have greatly contributed to the economic development of Russia,especially in terms of foreign trade,which has increased Russia's trading share in the international market and further deepened relations with trading countries.However,joining the WTO has also played a certain negative role in Russia.Foreign competitive products have entered the Russian domestic market in large numbers,and the reduction in tariff collection has also caused the country's fiscal revenue to face problems.However,on the whole,the benefits outweigh the disadvantages.This also determines that Russia will integrate itself into the world market with a firmer attitude.Moreover,Russia's foreign trade policy still has some problems.These problems are hampering the development of national trade and economy.How to improve the country's trade policy and make good use of the platform of the World Trade Organization are important for promoting the development and transformation of Russia's economy.significance.