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Uzbekistan ninth member state of CIS free trade zone agreement

TASHKENT, December 28, 14:50 /ITAR-TASS/. Uzbekistan has become the ninth member state of the CIS free trade zone agreement.

The republic's President Islam Karimov has signed the law on the ratification of the protocol on the use of the free trade zone agreement of October 18, 2011, local media reported on Saturday.

As was noted, the agreement was concluded with the aim of proper and efficient functioning of the free trade zone, formation of conditions for free movement of goods and integration into world economy and the international trade system.

The protocol was signed during the CIS head of government meeting in Minsk on May 31, this year.

The Uzbek parliament's lower house passed the law on the ratification on November 29, and the upper house approved it on December 13.

The agreement has already come into force in Armenia, Belarus, Kazakhstan, Moldova, Russia and Ukraine. Other two signatory states -- Kyrgyzstan and Tajikistan -- have not ratified it yet.

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