Author: Aleksandr I. Tarasov, Head of Department, Directorate of the Ministry of Industry and Trade of the Russian Federation in the Ural Region

Abstract: In the article the author evaluates feasibility of Russia’s accession to the World Trade Organization (WTO) as the decisive factor in its further integration into the global economy. The author suggests a model to monitor readiness of Russia’s enterprises to operate in the new economic environment. The model makes it possible to take effective managerial decisions to minimize negative consequences of Russia’s accession to the WTO.

Keywords: The World Trade Organization (WTO), integration, global economy, foreign economic activity, export, import, constituent territory of the Russian Federation