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A | "[O]usting Russia from the WTO would have a number of negative consequences, for Russia, of course, but also for other WTO countries, and even more so for all those countries that to date have been benefiting from the Russian WTO membership, particularly as regards the oil market and a number of industrial or consumer goods," says Sergio Rossi, professor of macroeconomics and monetary economics at the University of Fribourg, Switzerland.,Since its accession to the WTO, Russia has helped integrate Eastern and Asian countries into global trade and contributed to economic growth as well as firms’ profits, notably in those Western countries that imported a lot of Russian oil, iron, and steel, according to Rossi.,"The Russian participation in the WTO enlarged the spectrum of the latter so that it now covers all major economies around the world," the academic emphasizes. "On geopolitical grounds, it also helped counterbalance the US power, contributing to reducing the asymmetries and the monetary dominance of the US dollar at the global level. For the EU, Russia’s participation in the WTO gave rise to two major benefits. On the one hand, the EU member countries have been in a position to increase their exports to Russia, hence also the EU firms’ profits. On the other hand, these countries’ economies benefited from a huge reduction of their importing costs, as regards different trade barriers (tariffs and patents in particular).",The professor notes that Russia's impact on trade and investment within the framework of the WTO has been positive, given that it facilitated the expansion of foreign trade across the global economy, thereby creating jobs and investment opportunities for a number of Western countries.,Similarly, Russia's WTO membership has played a crucial role for the Global South as Moscow has often thrown its weight behind developing countries, highlights Dr. Anuradha Chenoy, professor of the Center for Russian and Central Asian Studies at Jawaharlal Nehru University.,"Russia has been a responsible member of the WTO," Chenoy stresses. "On many issues Russia sided with the countries of the Global South, because of rules like ‘Trade Related Intellectual Property Rights’ and patents were not in favor of developing countries. For example, during the COVID-19 pandemic, India and South Africa proposed an exceptional and temporary waiver on COVID vaccines, which were under patent by Western pharmaceuticals. Many countries of the South backed India and South Africa’s demand. So did Russia. But the Western block did not allow the patent regime to be diluted and big corporate profits continued. Many people in the South could not get the vaccine as a consequence.",RussiaMoscow Calls for Joint Work on Resolving Trade Issues Within WTO to Solve Food Crisis21 May, 18:42 GMT,Russia's Ouster From WTO is Highly Unlikely,The Russian Federation has been a member of WTO since 22 August 2012. Prior to that, it had worked hard for 19 years to meet the organization's requirements. After the beginning of the special operation to demilitarize and de-Nazify Ukraine, Russia was stripped of its "most favored nation" status, with some Western nations calling for the removal of the country from the international entity. However, as Reuters explained back in March, "expelling Russia, which joined the WTO in 2012 after 19 years of negotiations, would be extremely difficult as there is no specific expulsion process.","Ousting Russia from the WTO is not possible under the current WTO Agreement, as it does not encompass such a possibility," says Rossi.,He points out that Russia could be expelled only if two-thirds of the 164 WTO member countries backed such a decision which is highly unlikely. Neither China nor many other countries, including BRICS members, will ever agree to expel Russia "in light of economic advantages these countries benefit from having Russia within the WTO," according to the academic.,For his part, Chenoy underscores that Russia's hypothetical expulsion could create a disturbing precedent which "would be harmful for global trade and the rules-based order and international law.",EconomyUS Attempts 'to Strangle and Cripple' Russian Economy With Sanctions Failed, Russian Ambassador Says19 August, 10:49 GMT,Meanwhile, Russian lawmakers have also weighed the pros and cons of Russia's WTO membership. In April, State Duma Speaker Vyacheslav Volodin instructed relevant chamber committees to study the advisability of Russia's presence in the organization. The Communist Party of the Russian Federation and Liberal Democratic Party of Russia advocated for the nation's withdrawal from the WTO, arguing that Russia's accession to the WTO has made the nation's enterprises less competitive than their Western peers and failed to shield the country from Western sanctions.,For his part, Minister of Economic Development Maxim Reshetnikov argued on May 5 that Russia's exit from the WTO would, in particular, deprive the country of the opportunity to develop new rules for global trade. In addition to that, the WTO still remains an important tool to support Russian exports, the minister wrote in a letter, obtained by Russian media outlet RBC.,Controversies pertaining to the WTO were also discussed by BRICS members during the group's 14th summit in June. The leaders of BRICS states agreed to pursue "the necessary WTO reform" to build an open world economy and called on all WTO members to avoid unilateral and protectionist measures that run counter to the spirit and rules of the WTO.,"This WTO reform is welcome," says Rossi. "This reform should include also an agreement to dispose of the actual international monetary disorder, which is the result of the US dollar dominance that allows the United States to record enormous ‘trade deficits without tears,’ as the French economist Jacques Rueff noticed in the 1950s – that is, shortly after the 1944 Bretton Woods agreements, which put the US dollar at the center of the current international monetary regime. Time has come to get rid of this monetary disorder, which is a factor of financial instability and crises as well as of geopolitical turmoil across the global economy.",RussiaGlobal Power Shifting Away From West, While BRICS Expanding & Increasing Legitimacy14 July, 16:45 GMT,How West Has Shot Itself in the Foot,Meanwhile, the decision of the US, the European Union, Japan, and Canada to strip Russia of its "most favored nation" trade status will have a long-term negative impact on the global economy, according to Rossi.,"The global economy will suffer from this decision, because there will be an increase in the costs of foreign trade for all countries involved," the academic forecasts. "For instance, importing Russian oil and iron in the EU will cost more, as the importing firms will have to pay higher tariffs, which they will transfer to the so-called ‘global value chain’ through a higher mark-up of their own production costs.",As a result, one might expect "a mushroom growth of consumer prices, which – as we can observe now – implies a number of negative consequences for all stakeholders, particularly for the poor and the middle class, but also for small as well as medium-sized firms in Western countries," Rossi notes.,Europe is struggling to tame galloping inflation, which has been further accelerated by the anti-Russia energy embargo. The annual inflation rate in the EU climbed to a record high of 9.8% in July, according to Eurostat, the statistical office of the European Union. Likewise, inflation among the Eurozone countries hit a new high of 8.9%. The lowest annual rates were registered in France, Malta (both 6.8%) and Finland (8.0%), while the highest annual rates were recorded in Estonia (23.2%), Latvia (21.3%), and Lithuania (20.9%).,For its part, Russia won't be affected as dramatically as the West, as it is increasingly turning to the East and South, which can be bigger beneficiaries of trade with Russia, who is a prominent supplier of hydrocarbons, commodities, wheat, etc., according to Chenoy. Similarly, Russia's development within the BRICS framework is promising to be beneficial for the country and its partners.,"Countries of the BRICS together have a bigger GDP combined now than the G7 countries," Chenoy notes. "Trade in national currencies, new transport corridors can help the BRICS grow even further."。 本网讯 特约记者张旭报道 6月7日,兴城市委书记陈玮主持召开中共兴城八届市委常委会第一百五十次会议。兴城市市长李兆瑞出席会议。 会议进行了兴城市委党纪学习教育第二期读书班暨市委理论学习中心组专题学习。市监委委员张泽光作专题辅导。 会议传达学习了《关于认真学习贯彻习近平总书记重要讲话精神扎实开展党纪学习教育的通知》精神,研究兴城市贯彻落实意见;传达学习了习近平总书记关于整治群众身边不正之风和腐败问题、维护群众利益的重要论述和指示精神,中央纪委、省纪委和市纪委主要领导关于群众身边不正之风和腐败问题集中整治工作讲话精神。

B | 会议审议并原则通过了《关于进一步强化安全生产基层基础工作的意见》《兴城市安全生产治本攻坚三年行动实施方案 (2024-2026年)》;传达学习了《关于山西吕梁永聚煤业“11·16”重大火灾事故追责情况的汇报》;传达学习了新修订的《中国共产党巡视工作条例》、李希同志在全国巡视工作会议暨二十届中央第三轮巡视动员部署会上的讲话和刘金国同志的主持讲话;审议并原则通过了《八届市委第六轮巡察村党组织分类名单》。

C | 会议指出,在全党开展党纪学习教育,是加强党的纪律建设、推动全面从严治党向纵深发展的重要举措。要切实提高政治站位,深刻认识开展党纪学习教育的重大意义,坚决把思想和行动统一到党中央决策部署和省委、市委工作要求上来;要抓紧抓实重点任务,用党规党纪校正思想和行动;要切实加强组织领导,发挥好“关键少数”的引领带动作用,以兴城市全面振兴新突破三年行动各项工作为载体,把党纪学习教育成果转化为高质量发展成效。 会议强调,安全生产无小事。全市上下要牢固树立安全发展理念,始终把安全生产摆在突出位置抓紧抓实抓到位,不断提升安全生产治理能力;要强化落实举措,建立健全安全生产检查常态化机制,完善应急联动体制机制、优化应急预案流程,紧盯重点行业领域,从源头避免事故发生;要压紧压实职责,把“党政同责、一岗双责、齐抓共管、失职追责”要求落到实处;要严格监督执纪,以严明问责问效,推动安全生产工作走深走实,为兴城市全面振兴新突破提供坚强有力的安全保障。
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