Boeing CEO McNerney Statement on Russia WTO Membership Progress

CHICAGO, Nov. 11, 2011 /PRNewswire/ -- Boeing Chairman, President & CEO Jim McNerney today welcomed the World Trade Organization's Working Party agreement on the terms of Russia's membership in the WTO. WTO ministers are scheduled to vote on Russia's entry on Dec. 15, with membership expected to be finalized next year.

"Russia is one of the world's major economies—and the largest that's not yet part of the WTO—so this is welcome news for the global economy, and especially for citizens of the United States and Russia. The Russian market is an important one for our company and other U.S. exporters, and we're excited about the prospects for increased trade and jobs, and enhanced global cooperation," McNerney said.

Contact: John Dern, 312-544-2002