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MERCOSUR States Intend To Develop Cooperation With Eurasian Economic

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  • MERCOSUR States Intend To Develop Cooperation With Eurasian Economic

    MERCOSUR STATES INTEND TO DEVELOP COOPERATION WITH EURASIAN ECONOMIC UNION

    12:53, 18 Dec 2014

    MERCOSUR (bringing together Argentina, Brazil, Venezuela, Paraguay
    and Uruguay) and EEU together account for more than 7% of the world
    economy with the total population exceeding 0.5 billion people.

    The member states of the Southern American Common market (MERCOSUR)
    intend to develop cooperation with the Eurasian Economic Union (EEU,
    established by Belarus, Kazakhstan and Russia), the participants in
    the MERCOSUR summit held in the Argentine city of Parana said in a
    joint statement on Wednesday, TASS reports.

    Member of the board (minister) for trade of the Eurasian Economic Union
    Andrey Slepnev who headed negotiations with the Argentine colleagues
    told TASS previously that the sides "reached the general agreement on
    the need to start the preparation in the short run of a full-format
    legally binding agreement between the two unions that will form a new
    regulatory framework for trade between the MERCOSUR and EEU members."

    MERCOSUR (bringing together Argentina, Brazil, Venezuela, Paraguay
    and Uruguay) and EEU together account for more than 7% of the world
    economy with the total population exceeding 0.5 billion people.

    The new integration alliance - EEU - will start functioning in January
    1, 2015. The Union brings together Russia, Belarus, Kazakhstan and
    Armenia, and Kyrgyzstan intends to join them in the near future.

    http://www.armradio.am/en/2014/12/18/mercosur-states-intend-to-develop-cooperation-with-eurasian-economic-union/

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