Moline, Illinois (November 10, 2011) – Deere & Company said today that it welcomes the successful conclusion of years-long negotiations leading to Russia's accession to the World Trade Organization.
"Having Russia as a member of the WTO will significantly enhance the overall business climate in the country, provide a significant long-term boost to its trading posture, and facilitate its economic growth overall," said Samuel R. Allen, chairman and chief executive officer of Deere.
"We appreciate the efforts of the U.S. Administration in successfully completing these important negotiations. We now strongly encourage the U.S. Congress to quickly take the necessary actions to accord permanent normal trading relation status to the Russian Federation."
Deere & Company (NYSE: DE) is a world leader in providing advanced products and services and is committed to the success of those whose work is linked to the land – those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit John Deere at its worldwide website at www.JohnDeere.com or in Russia at www.JohnDeere.ru.