Commonwealth of Independent States
Moldova could be expelled from the regional Commonwealth of Independent States’ free trade zone after it signed the association agreement with the European Union, a Russian official said on Monday.
Georgian and Russian trade experts will meet in Prague on July 7 to find out how compatible Georgia’s new free trade with the European Union is with its already existing free trade framework with countries of the former Soviet Union.
The CIS Free Trade Agreement will come into effect for Kyrgyzstan on 12 January 2014, BelTA learnt from the legal department of the CIS Executive Committee.
Uzbekistan might join the free trade zone of the Commonwealth of Independent States by the end of May 2013, Director of the First Department of the CIS States of the Russian Foreign Ministry told reporters on 29 January before the start of ministerial consultations in the CIS Executive Committee, BelTA has learnt.
The free trade agreement with the CIS member countries, signed in St Petersburg in 2011 and ratified by the Moldovan parliament on 27 September 2012, entered into force for Moldova in 2013.
Uzbekistan will join a CIS free trade zone by the end of this year, CIS steering committee head Sergei Lebedev said on Friday at a CIS heads of government meeting in the Crimean city of Yalta.
The agreement on a free trade area (FTA) with the CIS will take effect on September 23, Ukrainian Prime Minister Mykola Azarov has said.
Years of fruitless negotiations to create a free-trade zone among the members of the Commonwealth of Independent States unexpectedly came to a successful conclusion on October 18, when Russian Prime Minister Vladimir Putin appeared before journalists in St. Petersburg and said: "We discussed [a free-trade agreement], made some corrections, and adopted its final text."
The prime ministers of the Commonwealth of Independent States (CIS) member countries failed to reach an agreement on the creation of a free trade zone during the meeting of the CIS heads of governments in Minsk on Thursday, local media reported.
Russia, Belarus and Kazakhstan are to create a free trade area and single econonmic area
A free trade agreement between the members of the Commonwealth of Independent States (CIS) may be signed by the end of the current year, Executive Secretary of the CIS, Sergey Lebedev, told journalists Tuesday.
Russia is going to draft an agreement before the end of the year on a CIS free trade area involving at first Russia, Belarus and Kazakhstan, says the First Deputy Prime Minister Igor Shuvalov.
CIS member states are working in a draft Agreement on Free Trade Zone