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Russia

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Index
  1. Russia Main Page
  2. The Bolshevik Revolution
  3. Emergence of the USSR
  4. The Berlin Blockade and the Cold War
  5. Dissolution of the USSR
  6. Financial Crisis and Political Upheaval
  7. Putin's Rise to Power
  8. Attempts at Chechen Independence Fail
  9. A Shocking Hostage Situation, a Move Towards Climate Change, and Radiation Poison
  10. Crumbling Relations with the United States and Conflict with Georgia
  11. String of Suicide Bombs Sparks Fear of a Crackdown by Putin
  12. Protests and Unrest Surrounds the 2012 Presidential Election
  13. Russia Blocks U.N. Action in Syria
  14. New Laws Passed against Political Activists, Pussy Riot Arrested
  15. Russia enters the World Trade Organization, Won't Renew Weapons Pact with United States
  16. American Fugitive Seeks Asylum in Russia
  17. Russia Assists with Chemical Weapons Investigation in Syria
  18. International Protests and Multiple Bombings Threaten 2014 Olympics
  19. Russia Annexes Crimea, Experiences Economic Fallout Due to Sanctions
  20. Putin Signs Gas Accord with China, Begins Eurasian Union as Ukraine Fallout Continues
Russia enters the World Trade Organization, Won't Renew Weapons Pact with United States

After 19 years of negotiations, Russia became the newest member of the World Trade Organization on Aug. 22, 2012. Russia has cut tariffs on imports and set limits on export duties as part of a series of reforms enacted to qualify for entry into the international trading arena. Expectations of membership include an increase of 3% in the Russian GDP, more foreign investment, and a doubling of U.S. exports to Russia—as long as trade relations are normalized through the lifting of the 1974 Jackson-Vanik amendment.

On Oct. 10, 2012, the Russian government announced it would not renew the Nunn-Lugar Cooperative Threat Reduction Program with the United States when the agreement expires in the spring of 2013. The agreement was part of a successful 20-year partnership between Russia and the United States. An agreement which eliminated nuclear and chemical weapons from the former Soviet Union and protected against the threat of nuclear war. For example, as part of the agreement, 7,600 nuclear warheads were deactivated and all nuclear weapons were removed from former Soviet territories such as Belarus, Kazakhstan, and Ukraine.

Russian officials explained that their country's economy had improved since the agreement. In a statement, Russia's Foreign Ministry said that it had increased its budget allocation "in the field of disarmament." The statement went on to say, "American partners know that their proposal is not consistent with our ideas about what forms and on what basis further cooperation should be built." The statement left open the possibility of a new agreement with the United States, but no specific conditions of a new agreement were given.

Next: American Fugitive Seeks Asylum in Russia
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