Medvedev, Netanyahu discuss free trade zone between Israel, Eurasian Economic Union

Medvedev, Netanyahu discuss free trade zone between Israel, Eurasian
Economic Union
The Russian PM says consultations on the issue will be held soon
November 11, 21:46 UTC+3
http://tass.com/economy/911849

JERICHO, November 11. /TASS/. The establishment of a free trade zone between
Israel and the Eurasian Economic Union was discussed at the talks between
Russia’s Prime Minister Dmitry Medvedev and his Israeli counterpart Benjamin
Netanyahu said.

The creation of a free trade area between the Eurasian Union and Israel was
discussed thoroughly, in detail,” he said.

“Now it is important to come to a consolidated position as part of the
Eurasian Union. Only one country should not hold such talks, we should do it
while consulting other participants of the Eurasian Union. Such
consultations will surely be held soon,” Medvedev said. He added that
Israeli partners are also ready to hold such consultations with other
members of the Eurasian Economic Union

Signing an agreement on a free trade zone between Israel and the Eurasian
Economic Union would bring trade turnover, investments and technological
exchange between the countries to a new level, Medvedev said.

“There are another forty agreements like this on the agenda, not all of them
are in an advanced stage, some still exist only as an idea,” he said.

Palestinian, Israeli leaders meeting

Medvedev said no final agreement on a meetings between the leaders of
Palestine and Israel has been reached as of yet.

“As of yet, no final agreement to organize such a meeting has been reached.
Nevertheless, we believe it would be useful and our country is ready to
offer its mediatory services when they are needed,” he said. “Naturally,
where it would be convenient for the two leaders, if such meeting is
organized.”

Medvedev states with regret that the Palestinian-Israeli settlement is at a
“zero” stage. He reminded that Russian President Vladimir Putin spoke about
it with the leaders of the conflicting parties but no meeting between them
had been ultimately organized.

The Russian prime minister said he had raised this issue at his talks with
both Israeli Prime Minister Benjamin Netanyahu and with Palestinian
President Mahmoud Abbas. “Both sides agree that a direct dialogue in needed
and that it can be organized without preliminary conditions,” he said,
adding that he regretted that no final agreement on such a meeting has been
reached.

Medvedev stressed that efforts are continued within the format of the
so-called Quartet of mediators (Russia, the United States, the European
Union and the United Nations). In his words, there are a number of
initiatives that can prompt the process and that need consultations.

According to the Russian prime minister, the opinion of other countries,
including the United States, which has been demonstrating no serious
activities in this sphere in the recent time, will be important in this
process. Medvedev said he hopes that the new administration of the United
States would intensify its efforts towards the Middle East settlement. “I
would like to say it once again: we are going to continue our efforts,” he
stressed.