The Kyiv Post welcomes feedback about our new website and we stand ready to fix any problems users might encounter in our test phase. Contact us at: news@kyivpost.com or +38-044-591-3344. Thank you!

Share Tweet Pocket Add to Bookmarks
You're reading: Eurasian Economic Commission rules in favor of free-trade zone between Customs Union and Vietnam

MOSCOW - The Eurasian Economic Commission (EEC) has stated the expediency of a free-trade zone between the Customs Union and Vietnam.

“The conclusions presented by a joint research group show that the
potential of trade and economic relations between the Customs Union and
Vietnam will receive a significant boost if a free-trade zone is set up.
It will take the long-standing fruitful and mutually profitable
cooperation to a new level,” the EEC said in a statement.

Now that the joint group ended its work, the sides may proceed to
negotiating a free-trade agreement. Talks will are expected to begin in
the first quarter of 2013 after the heads of state complete necessary
formalities and issue the necessary negotiating mandates.

The EEC and Vietnam underscored the importance of such an agreement
in line with the practices and norms of the World Trade Organization.

“Talks will be closely connected with the implementation of bilateral
projects, work on which will begin parallel to the negotiating
process,” the EEC press service said.

Found a spelling error? Let us know – highlight it and press Ctrl + Enter.

Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: