World trade rules should be universal and developed in WTO - Medvedev

MANILA, November 18. /TASS/. Russian Prime Minister Dmitry Medvedev has said that the world trade rules must be universal and should be developed within the framework of the World Trade Organization (WTO). "The world trade rule should remain universal, it is very important indeed, and should be developed at a single venue, above all, within the framework of the WTO," he said speaking at the APEC CEO summit. According to Medvedev, the development of such rules should involve all interested parties. "This is the only way to ensure the absolutely legitimacy of the new rules and their validity for all the participants," the Russian prime minister said. "Therefore, I believe it is crucial for the Asia-Pacific forum to maintain a consistent common stance, as far as the achievement of the so-called "Bogor Goals [a 1994 document - TASS] is concerned," he said. Read more