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469048
Thu, 11/09/2017 - 11:54
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Creation of free trade zone between APEC countries is a matter of next few years - Russia’s Economy Minister

DA NANG, November 8. /TASS/. The creation of a free trade zone between APEC countries is at the stage of elaboration, it can be created not earlier than in a few years, Russia’s Economy Minister Maxim Oreshkin told reporters on the sidelines of the APEC summit in Vietnam. "Now we are at the stage of studying various factors, opportunities, exchanging experience. We are gathering information at the APEC level. I think this is a matter of the next few years, not earlier," he said. According to the minister, Russia is now more focused on concluding agreements on the free trade zone of the Eurasian Economic Union (Russia is part of that bloc ), with individual countries. "We concluded a free trade agreement with Vietnam and it came into effect. We will be actively discussing the possibility of free trade with China and a number of other countries. We will gradually move forward and create free trade zones between the Eurasian Union and the APEC countries," the minister said. He marked progress in talks with China on establishment of a free trade zone with EAEU. "We interacted with the Chinese counterpart and talked about making the free trade zone between the Eurasian [Economic] Union and China. Certain progress has been achieved," the minister said. Read more

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