Aircraft manufacturer says company ready to produce at least 30 MC-21 planes annuallyBusiness & Economy August 17, 10:39
Latvia to send observers to monitor Russian-Belarusian strategic military drillsMilitary & Defense August 17, 9:30
Russia's Il-114 should be capable of taking off from natural ground airfields — deputy PMBusiness & Economy August 17, 9:19
Russian servicemen to take part in joint drills in Mongolian desertMilitary & Defense August 17, 8:22
Russia’s UN envoy notes good sign in conciliatory language used by US and North KoreaRussian Politics & Diplomacy August 17, 2:40
Proton-M carrier rocket with defense satellite launched from Baikonur space centerScience & Space August 17, 1:44
Russian diplomat suggests Barack Obama read Nelson Mandela’s words about GaddafiRussian Politics & Diplomacy August 17, 1:01
Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
MOSCOW, March 30. /TASS/. A free trade deal between the Eurasian Economic Union (EEU) and Vietnam will be signed in the coming two months, Eurasian Economic Commission Trade Minister Andrey Slepnyov said on Monday.
"We hope the first pilot project will be launched in the next couple of months, namely, an agreement on a free trade zone with Vietnam will be signed," the Russian official said.
The Treaty on establishing the Eurasian Economic Union (EEU) was signed by the presidents of Russia, Belarus and Kazakhstan in Astana on May 29, 2014 and went into effect from January 1, 2015. The post-Soviet trade bloc established to ensure a free movement of goods, services, capital and workforce on its territory currently comprises Russia, Belarus, Kazakhstan and Armenia.
The free trade deal between the EEU and Vietnam will help expand access to the Vietnamese market and the market of the ASEAN (the Association of Southeast Asian Nations) member states, the Russian official said.
"Of course, this is a very serious initiative and it is being studied thoroughly, taking all risks into account. Nevertheless, we have found the balances that generally suit all the sectors and we don’t see any substantial risks that would bring about undesirable or unacceptable results for our industry," Slepnyov said.
This pilot project will help build up efforts for creating free trade zones selectively with the countries that have good economic prospects and where a political dialog has been established, he said.