ZCZC
BCN-30
RUSSIA-EGYPT-EAEU-FREE-TRADE-ZONE
Putin backs creation of a free trade zone between Egypt and Eurasian
Economic Union
SOCHI, October 18, 2018 (BSS/TASS) – Russian President Vladimir Putin has
voiced Moscow’s support for creating a free trade zone between Egypt and the
Eurasian Economic Union (EAEU).
“Our country supports Egypt’s aspiration to conclude an agreement on a
free trade zone with the Eurasian Economic Union,” the Russian leader said
after his talks with Egyptian President Abdel Fattah al-Sisi.
Putin said he is confident that “this will open up additional
opportunities for boosting economic cooperation and increasing the trade
turnover.
The EAEU includes Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan. By
now, the EAEU has signed an agreement on a free trade zone with Vietnam and a
temporary agreement with Iran. Alongside with Egypt, the alliance is in talks
on a free trade zone with several other countries.
BSS/TASS/HR/1140