“Russia became the 156th member of the World Trade Organization after completing almost two decades of negotiations, bolstering President Vladimir Putin’s efforts to gain greater influence in global affairs.
Putin returned to the Kremlin in May for a third term, seeking annual growth of about 6 percent to turn the $1.9 trillion economy into one of the world’s five largest by purchasing power. He is also championing a bigger role for Russia and other leading emerging-market nations in navigating the global economy, saying richer countries failed to contain the debt crisis.”
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