December 7, 2010 20: 43 GMT updated Russia is set at the end a 17-year wait to join the club free trade, the European Union (EU) has thrown his weight behind the Russia offers to join the world trade (WTO).
The European Union gave its official support after the Russia has agreed to cut timber export tariffs and costs of rail freight.
The Russia is the only large economy which is not yet a member of the club of world trade.
"After the signing of the agreements. "WTO accession for the Russia becomes a reality", said the Russian President Dmitry Medvedev.
The agreement was signed by the European Commissioner Karel De Gucht and economic Russian Trade Minister Elvira Nabiullina, meeting a European bilateral trade Summit and the Russia.
From Brussels to waive his right of veto on the accession of Moscow is supposed to pave the way for the Russia to join next year.
It ends at a wait 17 years for the Russia first asked to join predecessor organization - the General Agreement on tariffs and trade (Gatt) - under President Boris Yeltsin.
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