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UAE offers Eurasian Economic Union to create free trade zone: Russian Industry Minister

UNI | 18 November 2021

UAE offers Eurasian Economic Union to create free trade zone: Russian Industry Minister

Abu Dhabi, Nov 18 (UNI/Sputnik) The United Arab Emirates offered the Eurasian Economic Union (EAEU) to create a free trade zone, and the issue was discussed at the UAE-Russia intergovernmental commission, Russian Industry and Trade Minister Denis Manturov said on Thursday.

"The issue was discussed, and we are members of the Eurasian Economic Commission [EEC, the regulatory body of the EAEU], on the free trade zone between the Emirates and the EAEU," Manturov told reporters, adding that the UAE applied to the EEC for a free trade zone. Manturov further said, The United Arab Emirates wants to purchase many Russia-made Aurus luxury cars and the issue is being discussed.

"First of all, my colleagues are already placing a large order, I cannot say the number of vehicles, this is under discussion and in which specific version - most likely, these will be large armored vehicles, this will be a basic deal, in addition to what has already been purchased the Emirati side," Manturov told reporters after the UAE-Russia intergovernmental commission.


 source: UNI