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  • India, Vietnam and other countries take interest in establishment of

    India, Vietnam and other countries take interest in establishment of
    free trade zone with CU

    13:36, 14 December, 2013


    YEREVAN, DECEMBER 14, ARMENPRESS. The door of the Customs Union is
    open in front of any country which will be ready to sign under all the
    fundamental documents, as well as under those additional documents
    which form the foundation of the common economic space with the
    CU. `Armenpress' reports that the Minister of Foreign Affairs of the
    Russian Federation Sergey Lavrov stated it at the course of the
    interview given to `Russia-24' TV company as a response to the
    question whether the door of the CU is open in front of Ukraine.

    Sergey Lavrov also underscored that the Eurasian Economic Union Treaty
    must get ready in May next year `which removes all the restrictions
    and will provide complete freedom of goods, capital, and labor force
    and service movement'.

    The Minister of Foreign Affairs of the Russian Federation also stated
    that India, Vietnam and Turkey have offered to launch negotiations
    with the CU around the establishment of free trade zone. `The
    negotiations between Vietnam and the CU on the establishment of free
    trade zone have already commenced. We hope that in case of success,
    and for that not bad opportunities exist, they will serve as a model
    for the establishment of the negotiations on free trade zone between
    the CU and the Association of Southeast Asia countries. At the same
    time, negotiations for the establishment of free trade zone are
    ongoing with New Zealand, as well as the European Association of free
    trade which include Western European countries, in particular,
    Switzerland, Norway which are not regarded to be member of the CU.
    There is curiosity and it is mutual. I believe it is a promising
    work,' Sergey Lavrov highlighted.

    In the result of the negotiations on September 3, 2013 in Moscow the
    Presidents Serzh Sargsyan and Vladimir Putin confirmed the aim of the
    Republic of Armenia and the Russian Federation in the direction of
    further development of economic integration processes in the Eurasian
    territory. In that context the President of the Republic of Armenia
    Serzh Sargsyan announced about the Armenia's decision to join the
    Customs Union and the necessity of implementation corresponding steps
    for that aim and in future about participating in formation of the
    Eurasian economic union. The President of the Russian Federation
    Vladimir Putin expressed his support to the abovementioned decision of
    Armenia and informed about the readiness of the Russian side to
    support the process. Serzh Sargsyan noted that this decision is not
    refusal from dialogue with European organizations.

    http://armenpress.am/eng/news/743779/india-vietnam-and-other-countries-take-interest-in-establishment-of-free-trade-zone-with-cu.html



    From: Emil Lazarian | Ararat NewsPress
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