…BUT RAISES SPECTER OF PROTECTIONISM…

Chernomyrdin’s speech, although generally pro-reform, contained some ominous notes. "A range of protectionist measures will be introduced in the field of foreign trade," the prime minister was quoted as stating. His words aroused concern that Russia may be planning to revert to protectionist policies, in contravention of its undertakings to the IMF and its expressed desire of joining the World Trade Organization. Experts were quoted as saying they were as yet unsure how seriously the statement should be taken. It might, they said, be merely an electioneering promise, made to be broken. (2)

…Tax Evasion, Agriculture Remain Major Problems.