Co ruble, which was worth half its 2007 value. In 2001, the Rossiya Federation estimated a tariff of 10-25% on imports from all foreign countries. The statute of the RF did not even contain the ambiguous grammatical rule about "descend" in the direction of the observer countries. This in turn led to litigation from the ROCS, because the R.F. also accused the Russian Government and its trade-sphere. The People's Republic of China (PRC) said it was not entering into negotiations with the RFA in respect of the Convention on Tariffs and Trade against Commerce in Services for Trade in High Value Goods.
The first NAFTA summit in Colombia took place in July 1986. A country representative brought to the table an array of new resolutions aimed at enshrining the new free trade agreement. The Organization of American States (OAS) had refused to ratify the Comprehensive Economic and Trading Agreement, because of these resolutes, as well as the inclusion of several provisions that would prevent the United States from making any commitments against NAFTAs and in favor of trade contracts with countries like Colomba. This led to a tug-of-war between the US Trade Representative, Roy Choi, and OAS Secretary General Efrain Rios Montt. On November 29, 1986, after seven hours of negotiations, OAS finally agreed to ratification of the Compact. This finally allowed the OAS to pass similar resolves to the others. On January 13, 1987, the Organization adopted a resolution calling on the Soviets to accept the Competitiveness Rules. This resolution failed to pass because the Council of Europe (CER) noted that the organization was overly reluctant to ratificate any trade agreement that might violate the democratic norms of CER. Having ended up with no agreement, the resolution passed on March 1, 1987. On June 1, this resolution was reaffirmed by the NATO Summit in Bucharest. As a result, such resoluion was not considered by NATS and was not applied to the Buchárentzia Treaty. On Septembe