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EEU, Israel to Hold Negotiations on Free Trade Zone Creation Before 2017

Thursday, October 27, 2016 15:43
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EEU, Israel to Hold Negotiations on Free Trade Zone Creation Before 2017

MINSK (Sputnik) The Eurasian Economic Union (EEU) countries and Israel will
hold the first round of talks on creation of a free trade area by the end of
2016, Russian Prime Minister Dmitry Medvedev said Thursday.

He noted that though the negotiating process on a free trade area creation
was time-consuming, it was important for the EEU development.

“Before the end of the year the first round of talks [on a free trade area
creation] is scheduled with Israel. Negotiations are to be launched with
Serbia and a number of other states,” Medvedev said at the expanded meeting
of the Eurasian Intergovernmental Council.

Earlier on Thursday, Prime Minister of Kazakhstan Bykytzhan Sagintayev said
that the EEU countries held negotiations on the creation of a free trade
area with South Korea, Egypt, Iran and India, while the interest in
cooperation emerged from South American countries.


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