Eurasian Economic Union launches talks with Israel over free trade zone

The decision was made at a meeting of the Supreme Eurasian Economic Council on Friday.

The Eurasian Economic Union (EAEU) will launch negotiations with Israel on creating a free trade zone. The decision was made at a meeting of the Supreme Eurasian Economic Council on Friday.

Representatives of the meeting also approved Main areas of international activity of Eurasian Economic Union for 2015-216. Among other issues on agenda, participants of the meeting discussed the order of accepting new EAEU member-states, some aspects of Kazakhstan’s joining the World Trade Organization (WTO), personnel of collegium of Eurasian Economic Commission, mid-term approaches to development of trade and economic cooperation with the union’s main partners.

Also, the leaders of the member-states discussed Main areas of EAEU development, concentration of actions regarding issues of EAEU’s conjugacy with Chinese project of Silk Road Economic Belt. Besides, a number of sectors have been defined where equal service market will be formed in line with liberalization plans. Also, a working group has been set up to prepare unified system of identification external economic participants within the territory of the union.

First published by TASS.

All rights reserved by Rossiyskaya Gazeta.

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