News ID: 214934
Published: 0226 GMT May 12, 2018

EEU to sign trade, economic agreements with China, Iran in Astana

EEU to sign trade, economic agreements with China, Iran in Astana

Eurasian Economic Union (EEU) will sign an agreement on trade and economic cooperation with China and a provisional agreement on free trade zone formation with Iran on May 17 in Astana, said Russia's acting presidential aide.

According to TASS, Yuri Ushakov further said, "An agreement on trade and economic cooperation with China and a provisional agreement on formation of a free trade zone with Iran are planned to be signed next week in Astana."

According to Ushakov, free trade zones formation and preferential agreements are also being negotiated with Serbia and Singapore.

Similar talks are expected to be launched with Egypt and India soon, he added.

The EEU, whose members are Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, is an international organization that encourages regional economic integration through the free movement of goods, services and people within the union.

   
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