Russia joins WTO (Putin, economy, billion, percent)

[70Ford]

Putin signs Russia into World Trade Organization | Bangkok Post: news

According to the World Bank, WTO entry will bring a boost worth 3.3 percent of Russian GDP -- or $49 billion -- in the first three years after joining. Over 10 years, the gain will be worth 11 percent of GDP, it says.
.... Putin is now openly championing modernisation of the economy to wean the country off dependence on oil and gas exports and officials have warned progress is not possible without WTO membership.