Free trade zone agreement with Vietnam may come into force in 2015 - EAEC minister

PARIS, April 8. /TASS/. The free trade zone agreement between the Eurasian Economic Union and Vietnam may come into force in 2015, minister of the Eurasian Economic Commission EAEC on integration and macroeconomics Tatiana Valovaya said on Wednesday. "We do hope the relevant agreement will be signed in the first half of this year and will become effective already in 2015," she said. Work is also underway in respect of India, Egypt, and Israel, the minister added. India is especially interesting because this nation is an important economic partner for all member-states of the Eurasian Economic Union, Valovaya said. TASS reported earlier Vietnam has been offered significant preferences in the free trade zone agreement with Eurasian Economic Union, Prime Minister Dmitry Medvedev said at a meeting with Russian and Vietnamese business representatives on April 7. Negotiations on the draft agreement are almost completed, and ahead of his visit it was possible to clear up all "substantive issues," the prime minister said. "We have almost all issues squared away, the paperwork is near completion," Medvedev said. Read more