The Eurasian Economic Union (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia; EAEU) is discussing the creation of a free trade zone with Egypt and the United Arab Emirates (UAE). This was expressed by the Russian Minister of Economic Development Maxim Reshetnikov in his speech at the Annual Investment Forum (Annual Investment Meeting, AIM) in Abu Dhabi, Wrote agency TASS.
“Today the EAEU has a valid interim agreement with Iran that led to the establishment of a free trade area. <…> The minister said that negotiations with Egypt and the UAE are also at an active stage.
In the trade bloc of the Eurasian Economic Commission (EEC), in the first half of April reportedThe EAEU and Indonesia held the first round of negotiations on a free trade agreement in Jakarta.
Earlier on May 8, the press service of the Ministry of Economic Development stated About the plans of the Russian and UAE authorities to complete the free trade agreement between the EAEU and the UAE with an additional bilateral agreement.
TASS agency this week WroteOn the sidelines of the largest investment forum in Abu Dhabi, on 8 May, St. An off-site session of the St. Petersburg International Economic Forum 2023 will be held.