Russia to draft free trade area agreement within CIS

Voice of Russia | Jun 28, 2010

Russia to draft free trade area agreement within CIS

Russia is going to draft an agreement before the end of the year on a free trade area within the CIS, says the First Deputy Prime Minister Igor Shuvalov.

According to him, the Russian Government is discussing aspects, in which the new agreement will differ from the Customs Union documents.

Igor Shuvalov pointed out in this context that the new free trade agreement would not cover the entire CIS area without exception, but would only apply to the nations that form part of the Customs Union, that is Russia, Belarus and Kazakhstan.

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source: Voice of Russia