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Moscow, Damascus eyeing free trade zone agreement between Customs Union and Syria

Syria’s Minister of Finance Muhammad al-Julaylati, in turn, said that Damascus welcomes such an agreement

MOSCOW, May 25 (Itar-Tass) —— Moscow and Damascus are looking at creating a free trade zone between the Customs Union of Russian, Belarus and Kazakhstan and Syria, Russian Deputy Prime Minister Alexander Khloponin said on Friday.

“In order to expand bilateral trade it might be of interest to sign a free trade zone agreement between the Customs Union and Syria,” he said. “I would like to point that an expert group of the Customs Union has made research in this area.”

Syria’s Minister of Finance Muhammad al-Julaylati, in turn, said that Damascus welcomes such an agreement.