Foreign Ministry: Moscow is concerned by the closed nature of the agreement on TPP

Foreign Ministry: Moscow is concerned by the closed nature of the agreement on TPP


Russia hopes that the promulgation of the agreement on TRANS-Pacific partnership and believes that international trade rules should be universal and not to split up, said the Director of the Latin American Department of the foreign Ministry Shchetinin.

MOSCOW, 26 Jan. Moscow worries the private nature of these agreements, TRANS-Pacific partnership and hopes that it will become public at some stage, said in an interview with the Director of the Latin American Department of the Russian foreign Ministry Alexander Shchetinin.

“What was signed — we did not read, and never read by anybody. Therefore, in order to assess this, you need to know what it is about. What no one knows about it, we think it is a negative factor. We are troubled by the fact that the rules of international trade are beginning to split into a regional agreement and instead of universal rules of international trade obtained this mosaic is quite different trade relations without a common denominator,” the diplomat said.

Schetinin noted that “in this approach, similar trade agreements are beginning to wear closed, inclusive and exclusive”.

“We expect that at some point it must surely be public”, — said the Agency interlocutor.

Agreement on TPP, which includes 12 countries (USA, Canada, Mexico in North America, Peru and Chile — in the South, Japan, Malaysia, Brunei, Singapore and Vietnam in Asia as well as Australia and New Zealand), was reached on 5 October. It will created a free trade area FTA in the Asia-Pacific region.

The President’s press Secretary Dmitry Peskov earlier said that Moscow’s position on TTP will be formed after careful analysis to ensure that it meets the interests of Russia. At the same time he reminded of the speech of Vladimir Putin at the session of the UN General Assembly in which he expressed concern about the creation of some closed structures, which would then be a substitute for the WTO and international trade rules.

The full text of the interview is available on the website ria.ru at 11.00 MSK.