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Belarus expects CIS free trade zone deal to have serious effect

August 15, 2012, 17:45 UTC+3

Lavrov noted that the liberalisation of trade regimes is a universal tendency, which is proper to all regions

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MINSK, August 15 (Itar-Tass) — Belarus expects the CIS free trade zone agreement to have a serious effect, Foreign Minister Sergei Martynov said.

After the talks with Russian Foreign Minister Sergei Lavrov on Wednesday, Martynov said, “The free trade zone gives wider scope for the development of trade and economic interaction. The agreement, which has been signed within the CIS framework, is not the exception. As the agreement embraces the CIS territory we expect the document to have a serious effect.”

Lavrov noted: “The liberalisation of trade regimes is a universal tendency, which is proper to all regions.” The minister reminded of the existing agreement on free trade in Latin America and Europe. “Now this tendency develops in the Asia-Pacific region,” he added.

“Within the CIS we are not the exception.” “We want to ease the trade regime in maximum that will have a positive impact on our economic relations and the state of economic operators – all participants in this zone, and, of course, on consumers, who have won,” Lavrov explained.

The minister stressed that the Customs Union – common economic space troika “also seeks to agree on free trade outside the CIS”. “And now such contacts are being established with New Zealand. The talks are being held in Vietnam,” the diplomat pointed out.



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