WASHINGTON —
The United States and Russia signed a landmark trade deal, likely paving the way for the large Eastern European nation’s entry into the World Trade Organization next year and improved export-investment opportunities for U.S. wireless and tech companies.
The bilateral trade agreement, among other things, sets out an understanding on procedures for importing technology products with encryption such as mobile phones, operating systems, and other products, said USTR. The trade agency also said the U.S.-Russia trade agreement establishes a blueprint for protecting intellectual property rights. Piracy is a major problem in Russia.
Russia, according to USTR, has also undertaken steps to liberalize access to its telecom and satellite markets.
