Russian senior MP calls on EU politicians not to hide heads in sand in Syrian settlementRussian Politics & Diplomacy March 26, 18:09
Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
ST. PETERSBURG, December 26. /TASS/. Presidents of Russia, Kazakhstan, Kyrgyzstan and Armenia have approved proposals on the need to start talks on creation of the free trade zone between the Eurasian Economic Union (EAEU) and Iran, Egypt, India and Singapore, Chairman of the Board of the Eurasian Economic Commission Serzh Sargsyan told reporters.
"The presidents of four countries have approved the proposal that it is necessary to launch negotiating process (on creation of free trade zone - TASS) with Iran, Egypt, India and Singapore. That means that already on the platform of the EuroAsian commission we will start an intensive process of preparation of signing agreements with those countries," he said.
Head of the board added that the presidents had instructed their government to create working groups that will take part in the negotiations as well as to appoint officials responsible for the talks.
Sargsyan reminded that at present the talks on creation of free trade zones with Serbia and Israel are ongoing. Also talks on trade and economic relations have been launched with China, he said.
The head of the board said that during the meeting of Supreme Eurasian Economic Council the Presidents of EEU discussed 25 issues.
The first group of issues concerned foreign economic activities of the Eurasian Union, the second set of issues related to the activities within the Eurasian Economic Union.
In particular, the leaders adopted a declaration on formation of (digital agenda) of the EEU. They also adopted documents on establishing a common electricity market within the Union. According to Sargsyan, this will liberalize electricity sales between the countries.
The parties also approved documents for liberalization of services and on establishment of transport market.
The leaders of the four countries have signed the new Customs Code of the Eurasian Economic Union, although Sargsyan said earlier that Kyrgyzstan had not signed the document.
In conclusion, the head of the board said that the presidents of the four countries have ordered to present all the documents they signed at the meeting to Belarus President Alexander Lukashenko who was absent at the meeting.