China too waited 15 years on the WTO’s doorstep. But for Beijing, joining in 2001 set the stage for a decade that quintupled its exports and propelled its economy from sixth place globally to the world’s second biggest.
Russia’s commodity-based economy is less well placed to enjoy that kind of spurt. And with trade and investment flows both scarcer than a decade ago, it will struggle to attract investments on a similar scale to itsFar East neighbour.
First, though, there are plenty of positives.