Eurasian Economic Union Ready to Expand Its Free Trade Zone
Russian Economic Development Minister Alexey Ulyukaev declared that over 40 countries and entities, including China, Thailand, Indonesia and Cambodia are interested in signing a free trade agreement with the Eurasian Economic Union (EEU), Sputnik News reports.
"Global cooperation is an important trend now. Over 40 countries and international organizations are willing to establish a free trade zone with the EEU," Ulyukaev stated at an East Asia Summit (EAS) in the Malaysian capital.
In addition Ulyukaev stated that Russia is interested in establishing new mechanisms for cooperation between the countries of the EAS and EEU, which according to him will lead to the strengthening of regional ties, boosting the region’s investment attractiveness and providing Russian companies with new opportunities and access to new markets.
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