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China Proposing To Establish Free Trade Zone With Eurasian Economic

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  • China Proposing To Establish Free Trade Zone With Eurasian Economic

    CHINA PROPOSING TO ESTABLISH FREE TRADE ZONE WITH EURASIAN ECONOMIC UNION

    18:16, 09 Feb 2015
    Siranush Ghazanchyan

    China offered to establish a free trade zone with the Eurasian Economic
    Union in the future, Russian Ambassador to China Andrei Denisov told
    RIA Novosti.

    "Chinese partners were very careful in regard to this integration in
    the beginning. They simply needed to make sure that it works. Now they
    show interest in increasing cooperation not only with the separate
    countries - Kazakhstan, Belarus, Russia, Armenia and Kyrgyzstan in
    the future, but with the union as such. And as far as I know they even
    proposed to us, the members of the union, to think about creation of
    a free trade zone in the future," Denisov said.

    Denisov added that both sides are already discussing mechanisms to
    cooperate in the future.

    The Eurasian Economic Union, which includes Russia, Armenia, Belarus
    and Kazakhstan, came into force on January 1. Kyrgyzstan's membership,
    agreed to in December 2014, is expected to come into force in May.

    http://www.armradio.am/en/2015/02/09/china-proposing-to-establish-free-trade-zone-with-eurasian-economic-union/

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