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Russia ready for Customs Union expansion — Medvedev

July 23, 2014, 16:16 UTC+3 MOSCOW
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MOSCOW, July 23. /ITAR-TASS/. Russia is ready to expand the Customs Union and create new free trade zones, including in Europe, Prime Minister Dmitry Medvedev said on Wednesday.

“We are ready, together with our partners from Belarus and Kazakhstan, to expand the Customs Union and create free trade zones, including in a free trade plus format with both individual countries and regional associations, and in Europe as well,” he said.

The launch of the Eurasian Economic Union from 2015, which will be based on the Customs Union of Russia, Belarus and Kazakhstan, will ensure free movement of goods, services, capital and workforce on the territory of the three countries, the Russian premier said.

From the viewpoint of business, the common economic space, common rules and procedures will help member states cut their costs considerably, the Russian premier said.

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