THE PATH OF UKRAINE INTO THE WTO
The history of negotiations
In accordance with Article XII of the Marrakesh Agreement Establishing the World Trade Organization, an accession to the WTO will be carried out on terms to be agreed upon between the government of an applying country and the WTO. As opposed to accessions to other international organizations, the accession to the WTO in the first place is a matter of negotiations.
At present, Ukraine has reached the final stage of the accession process.
There had been 17 formal meetings and a good few of informal meetings of the Working Party for consideration of the application of Ukraine for the accession to the WTO. At the last meeting, held on January 25, 2008, members of the Working Party adopted the “accession package” of Ukraine: the Report of the Working Party, the schedules of specific market access commitments of Ukraine in goods and services, a draft decision of the WTO General Council and a draft Protocol of Accession.
On February 5, 2008, the accession package was considered and approved by the WTO General Council. The President of Ukraine and Director General of the WTO signed the Protocol of Accession of Ukraine to the WTO.
On April 10, 2008, the Verkhovna Rada of Ukraine approved the following Law of Ukraine No. 250-VI “On Ratification of the Protocol of Accession of Ukraine to the World Trade Organization”:
“The Verkhovna Rada of Ukraine hereby resolves:
To ratify the Protocol of Accession of Ukraine to the World Trade Organization (981 049), signed in the city of Geneva on February 5, 2008 (as annexed herein).”
On April 16, 2008, the President of Ukraine signed the Law on the ratification of the Protocol into law, and in the same day, the Ministry of Foreign Affairs of Ukraine sent an official notification about this to the WTO. Starting from that day, the countdown of the 30 days, i.e. the official period from the notification to the membership in the WTO, started.
On May 16, 2008, Ukraine became the 152nd member country of the World Trade Organization.