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"GENEVA -- The World Trade Organization agreed Friday to allow Russia to become its newest member, giving a critical boost to the ailing economy of its biggest trading partner, the European Union.Until now, Russia has been the only member of the Group of 20 leading world economies still outside the WTO, the global body that sets legally binding rules for international trade and mediates disputes.The deal is expected to quickly increase EU exports by some euro4 billion ($5.2 billion) a year, EU trade officials say. Under the deal, Russians will be able to buy European-made goods at far lower prices and to sell its oil and gas more efficiently.The 27-nation EU bloc is Russia's biggest trading partner for agriculture, fuels, mining and manufacturing. The EU buys 52 percent of Russia's exports, including the fossil fuels that keep Europe running. Russia, in turn, is third-biggest customer for EU exports, after the U.S. and China.Elvira Nabiullina, Russia's minister o
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