trade organization in a few months from now but there have been many forecasts like that in the past all wrong but russia's finance minister alex sink will didn't believe this one will come true let's find out why i say anything which there have been so many predictions of the kind why do you believe this one will come for. real work began in two thousand at that time i was head of a governmental commission to deal with w t o a session but having graph was the main driver the key stage was in two thousand and four when we signed an agreement with the e.u. it really seemed that we had covered more than half the ground then in two thousand and six we signed an agreement with the u.s. and it seemed to us that we had cover ninety percent of the way however every time something hindered entry and make political reasons did with them was good last time it was georgia that dampened our relations with the us and we could not solve even a purely technical issue with the us now somewhere thinks the green between obama. and their fixing the deadline we have it doesn't result in our bilateral relations

it appears to me that should this political will remain everything is possible in fact we lacked it which was the main factor we lacked in the last period of the bush administration and now all the work has been transferred to geneva we are facing much fewer questions of what the so i believe there's a political will and a desire by all and was left up to a ministries employees to complete everything does this mean most opticals are left behind and countries like georgia won't be a problem. because as you have said there are certain obstacles as yet which we are going to overcome gradually when i was mentioning we would have to have about four months to finalize the documents which i do not consider an obstacle has resulted from georgia nothing threatens but we have to coordinate all the provisions of the customs union with all previously reached agreements on the debt b.t.o. with all the countries which will be inside the customs union we have agreed on the principles that it as of today we are taking our agreements with our partners. the

working group of the deputy oh as a basis and this session will be based on to russia's terms so mainly technical questions remain so let's imagine russia joining the wall trying to open a station how is it going to change the russian economy. for the russian economy the level of tariff shelter will be determined with the help of import taxes from all over the world for example we produce similar products but we protect ourselves from the same products of other countries with twenty percent tariffs over a transition period of between seven to ten years and we should lower our average tears to seven percent that means that tariff protection will become slightly lower and this is what dorrian's our business to become more effective there are three spheres that should be gradually liberalized the flow of capital which russia has done with commodity flow under the deputy oh and labor movement which allows a workforce to migrate to where the economy is on the rise russia liberalizing these directions to be able to gather at the right time and place for all of these factors capital products facilities new technologies and workforce groups to

produce i said i need to say the russian government announced that the shares of ten major stake companies will be put on sale well those shares me available to foreign investors. which has to hit with certainly the privatization regime as public national scale has to accept certain strategic enterprises but this list contains mainly oil companies apart from a number of others for which special procedures required at this point i can't tell you exactly what these restrictions will fly if what companies i see is a list of companies published will specify them. from them and used it so if the sale happens how will a fact russia succession into the wall trail. with strictly speaking privatization issues are not within the deputy who is competent so this may not affect the session as a whole though when a positive reputation of russia's korea. we did as

a country open for investment in increasing the private sector share of major companies interests in russia's growing group let's just move away from the wall trade organization on the international monetary fund meeting this year you received the award as the best finance minister of the here and everyone is saying that russia coped with the financial global financial crisis better than expected how attractive is washington terms of foreign investments at this moment. the heads of major financial organizations who i met with in the past three days are very keen on russia because with interest rates very low in the last and earn something only an emerging market pressley where the ratio between profitability and reliability is optimal markets russia is showing exactly this working with thanks to the government strict credit policy we have good for excellent which means we are not afraid devaluation or default serve the country's budget balances goodness so is the balance of payments in this respect we are very attractive.

there are a lot of discussions here in the west about about the level of government interference in the russian economy and that is sort of one of the concerns that the west has towards washing economy what is being done to reduce that that involvement of the government in the economy. first of all on the interference of the state in the economy. and we must see where and how it takes place the first major tears state involvement through major companies and corporations proposition is underway selling major stakes will solve this issue which will soften fears go second which it's about state run regulating agencies including those that collect taxes if you like. the quality of production and norms. the regulation needs to be in truth we need this and all of us are working on that and i will go a new draft on the lease is meant to improve their word for the concerning taxes we have korea. the new package of law on the quality of tax administration for the

responsibility of tax breaks to employees the problem. earlier you said that the tax burden on russian business will be increased in the near future but the pressure on russian business is already high why was this decision made. this decision is linked to the increase of pensions in our country for a very long time pensions were too low in late two thousand and nine an average patient was an equivalent of two hundred u.s. dollars a month that's too low and it does not correspond to wages the average salary being about seven hundred u.s. dollars so for several years we prepared an increase in pensions however it so happened that we were increasing then the crisis occurred and revenues got smaller after weighing all the pros and cons to the government decided to continue with the pensions hike they would mean increases of forty to forty five percent for a story on the first of january the company payments will increase from twenty six to thirty four percent of the salary this will be since the difference all

companies pushing the main problem of russian economy today in your opinion. it's about the weakness of markets and state power institutions and the quality of the ministering of state functions in other words excessive interference from the state insufficiently clear regulation. administrators barriers of competition the economy where it's going official helps win a competition because this is the main obstacle for further development because the network and the state finances are a good. business now i know that finance later on this international monetary fund meeting we're discussing the so-called battles of concious if we can say that you know we know that the u.s. and the they complain about china and some other countries deliberately undervalued their crisis to aid their exporters and this may lead to trade wars i haven't heard that how serious. is that and where is russia standing on that matter. in the world

with. currently there's no battle currencies it's very likely that it's more of an expectation that one day currencies will become more serious to a competition who are at the moment your best examples are the u.s. and china the situation there is unique but i don't think we can say that such a war is taking place in other parts of the world on the other hand you might say that some of the disproportionate distortions are forming in currencies for example some news of the americas includes currencies and most likely their fear is that someday such a war will become more serious but i can say that the possibilities to play around with currencies are very insignificant or short term china is the exception country that goes beyond. its conducting an aggressive policy due to strong government control its economy and foreign policies nor market economies don't have such opportunities for stronger ministers of course when you pollute when you're cool from which and. i say any of it also on this year's i.m.f.

meeting we know that the e.u. and the united states have the loudest voice within the organization we also know that emerging markets would have would like to have a bigger say on the i.m.f. board and success on that. historically the bretton woods institutions that is the i.m.f. and the world bank have obviously been under the influence of the usa and the e.u. and still are as the new growing markets are in fact a locomotive of the economic growth and of much money the rule is in significant decision making on the world market during a crisis that is crucial to have all the decisions well balanced which means representation should be fortunate today it is not proportionate so there are fears that the decisions to be adopted will be based on a fair and proportionate representation not in the interests of the world economy so the question of changing the quotas is right although it would be so undesired.

well to lose one's vote and influence when it comes to deciding we have not yet found a final solution and when there was. a and. discover it's easy. to get with the wind. and become. almost seventy years of the red machine which so we had people wanted to leave in the past. he came to make changes easter

sunday was lead to. believe. much wasn't possible change the whole country's regime so quickly. with on her home run a close only fundamental change in the state people's minds. more news today violence is once again flared up. these are the images the world has been seeing from the streets of kenya that. china operations are today.

it's. ots availability in this type be her turn. to be the how it closer to be sure to tell it the hotel hotel world show his the groom her tone the show with her turn some will do misty type the hotel kuvasz otoh photo slim hotel the result evergreens told her totally to be friends victoria soto's gloria prince who turns

hope springs resort and spa tied to a hotel while she plans come closer to the tone. of the wisdom to be evergreen closer in time to tell you learned is her till telling us of the hard piece hoto full points and how would princess to discipline the hotel in touch with her telling touch your girl the photo of a good girl how would international. every green lowered her toes into. arnold schwarzenegger and president medvedev have been swapping cyber greetings out the california governor hits moscow high tech investment focus on russia telecom probably going to be you to investing. and care just townsfolk count is underway as the central asian country that was torn by ethnic clashes during the summer chooses its next government but opposition politicians say the election wasn't as fair and

free as being claimed. white american couples who want to adopt are shining black children are prepared to pay thousands of dollars to have asian babies to their families the racial prejudice is being blamed partly on the negative portrayal of the black community in us media. have many more details and all those stories that three pm moscow time up next to sport with you know. very welcome to sports today here on twenty four hour our t.v. i mean you know these headlines meeting the boss the new jersey nets touchdown in moscow to open eastern europe the first n.b.a. store and also to say hello to the man resigning their checks russian billionaire

hard to. make her a double a little. successfully defend her chicago marathon title knocking a full five minutes off her two thousand and nine mark in the process. the great leveller there's no no one beaten squads remaining in the n.f.l. after comes as don to indianapolis in week five. let's get going with basketball where the new jersey nets finally met up with their new owner the n.b.a. jetting in for a flying visit to the russian capital for some face time with mikhail prokhorov to officially open moscow's first n.b.a. found store constantine to top off was there for us. the new jersey nets arrived in russia for a flying visit just hours after beating philadelphia back home across the atlantic the nets her own one day piece stop in moscow then route to china where they will take on the houston rockets in the russian capital the players too poor in

a ceremony to open the first n.b.a. shop in the eastern europe it's incredible and i'll just go on the roads here are red square for him to see. the circle going or simply. don't see this or hope we can. see all of that stuff that stuff in here. just like they have not had much time to rest the team also holding an open training session and the youth clinic they're still trying to forget a disaster season last year sitting in new record losing streak of eighteen straight defeats at the start however the main event of their visit to moscow came when they had their first meeting with their new owner mikhail prokhorov the russian billionaire bought a majority share in may the towering tycoon has been impassioned best kemal player since school with such an avid and reach fan putting his pocket where his specially is the team is hoping in a sense is just around the corner we're really excited hat on. the olympics and

help us listen to his challenge you know and our bit nervous a lot a lot of very anxious to help our police for help i. thought to be russia's second richest man broker of has become the first only from outside north america in n.b.a. history and he hopes the club he has bought will become a world famous brand with global reach and appeal i think it's really neat because i'm the first foreigner. and beats him it's my competitor the one. we predict a lot of for. different countries. this will support the. new global front of the new. however the financial giant says he's also got one eye very much on domestic basketball stating he wants to bring in be standards to home ground in russia and increase the sport's popularity among

younger sisters. i hope it will be a very good start for development. because we need good coaching or new good medicine. marketing and we need some fresh only obvious peace. and joy just. in france here in russia we'll hope that the billionaire is new slogan blueprint for greatness who not only ring true for the new jersey nets but for boskone moon russia's well intentioned but out of order to. book of a house once again proved herself queen of the illinois roads the russian winning the chicago marathon for the second straight time hotter than comfortable day for the field at one of the five world martha majors there temperatures didn't seem to affect though they're thirty two year old pacing yourself early on falling off

a minute behind leader a steady pace of ethiopia at one stage but the russian had plenty in reserve eventually storming to victory by over three minutes. following her win in london in april takes the overall title and with it half a million dollars the event also marked a special double with last year's winner in the men's event and in some a one zero retaining his prom and us well. martin kaymer season just keeps getting better on the greens the german becoming the first european tour golfer to win three straight events following victory at the dunhill links championship was a big day for his ryder cup team at leave westwood the englishman was seeking to be named. world number one snorer would come about if he finished at least second outside on drew's but tiger woods ranking is safe for the time being at least after a niggling ankle injury meant thirty seven year old westwood could only manage eleventh place the day just belonged to this man came or his back nine putting

a wonder in itself on the scottish course pulling both on and off the green at the end of it all his seventeen under par total was three strokes too good for danny willett victory previously at the p.g.a. championship dutch open adding up to a memorable hot trick for the twenty five. ok let's move to the circuit where jorge lorenzo was clinched the twenty ten moto g.p. title three races early the spaniard finishing third in sept pieing enough for him to wrap up his inaugural. it was defending champion a volunteer aussie whoever built up his first win since the opening day of the year though having missed a large part of the season with a leg injury rossi walls are out of the title equation some time back to draw the range of the only serious rival but when he went down with a broken collarbone up last week's japanese grand prix the path was clear for a fellow spaniard lorenzo to race to victory something he would do with

a top ten finish a situation which was never really in doubt so moto g.p. title number one for relief here the rains are. when the years in the field if you do we we have to finish the race and. how right you can get in the middle of your world so who is my happiest day in my life and we have to because there are no more unbeaten teams this year in the n.f.l. at kansas city they live a squad to taste defeat against indianapolis the chiefs holding two time running m.v.p. peyton manning without a touchdown but an unlikely hero save the day for the colts even sikorsky has more . the chiefs have been the n.f.l. surprise package so far this year the up and coming squad grabbing three straight wins after having only four victories all of last year and they look to seize the

momentum right from the off but a lack of exit q sion ruined a surprise onside kick the chiefs defense playing better than expected against last year's super bowl runners up joseph addai unable to get the needed yards on fourth down with time running out in the opening half the colts getting just a pair of field goals out of their drives for six to three halftime lead. goals from manning in the second half safety john mcgraw in the right spot at the right time to come up with the interception indianapolis forced to rely on veteran kicker advantage sorry for their points the fourth time super bowl champion giving the colts a twelve nine lead late in the fourth with another in the war course addai hurty on the sidelines his back of my card came in for the winning touchdown run nineteenth and nine the final score so no more unbeaten teams in the n.f.l. just five weeks into the regular season the cowboys were unable to live up to the

hype once again with the visiting tennessee titans prevailing in vera clash miles austin has emerged as a force last year and the twenty six year old shoulder tightens what he can do in the third to help tie the game at seventeen chris johnson putting tennessee back up twenty seven twenty with the short yardage touchdown the n.f.l.'s fastest man rushing for one hundred thirty one yards and two scores a few things go right for dallas who gave up three turnovers and six sacks while committing twelfth penalties this does down past from tony romo to jason witten soured by a flag for excessive celebrations afterwards that call meant the cowboys set to kickoff from further. back allow we return now to mark mariano and to set up johnson for an easy score thirty four twenty seven how it ended with this year's super bowl set for the cowboys stadium the prospects of the home team play needed

are looking more and more grim. vonzell gorski r t the n.f.l. season definitely hotting up brazil have further strengthened their grasp on the world volleyball the only team to win a global championship since the turn of the millennium following up their two thousand and two and two thousand and six victories with a demolition job over cuba on sunday a case of old guard versus pretenders to the throne in rome but the fosli experienced some boys weren't about to let their dominance slide with a travel at stake brazil taking the first and second set with some ease cubit the youngest squad in the tournament by some distance unable to find any real rhythm throughout. the reigning champions took full advantage she touring the twenty ten world championships with a twenty five twenty two twenty five fourteen twenty five twenty two scoreline brazil no up there with the crew to tell in hundreds of the ninety's who also won three in a row. that was all your sport for now the world weather summing up in just

a tick season. question was that so much i was about to feed into i feel like we haven't really done before the weekend so in a relatively short amount of time latin america has transformed itself both politically and economically what can the.

wealthy british scientists are. sometimes right in the. markets why not. find out what's really happening to the global economy cause a report on. the news today violence is once again flared up. these are the images the world has

been seeing from the streets of canada. china operations are the day. the governor himself arnold schwarzenegger is in the russia and the metro is all a twitter we'll give you the details coming up. also this hour the care to send town under way on the site relates to country chooses a guy by composition of politics some say like my parents are free as you claim.

and seeing things black and white racial prejudice which color the us has a connotation families african-american children. is three pm in moscow and this is r t coming to you live first up this hour when it comes to top level talks it seems that twitter is the place to do business now president medvedev and arnold schwarzenegger exchanged a few words online using the micro-blogging site after the california governor arrived in moscow he's visiting alongside high tech executives to look at russia silicon valley with a view to investing some thomas was there for us when the governor landed the first thing he did was he sent a tweet to president medvedev saying i have landed in russia i can't wait to meet

president dmitri medvedev and.