Monday, November 19, 2012

Finnish/Russian Trade Relations Remain Strained

The Finnish-Russian forest summit held in Helsinki last Wednesday brought no solution to the problems still plaguing the imports of softwood from and exports of paper and paperboard to Russia.
Whether the day-long discussions and negotiations will bring other concrete results, remains to be seen. What became clear was that both countries want investments from each other.
In theory, Russia’s membership in the World Trade Organization makes the country more predictable for investors, as the membership requires Russia to comply with the rules and regulations of international trade.