Eurasian Economic Union eyes free trade zone with Asia-Pacific countries

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The Eurasian Economic Union (EEU) between Russia, Belarus and Kazakhstan may establish a free trade zone with the Asia-Pacific countries, Russian Prime Minister Dmitry Medvedev said on Thursday.

“We (Eurasian Economic Union) are individually conducting talks on setting up a free trade zone, and the Socialist Republic of Vietnam has come the closest to agreeing on a deal,” Medvedev told journalists. Medvedev specified that Russia and Vietnam “have agreed on almost all the issues.”

“If this experience proves to be successful, Vietnam will get access to the common market of the Eurasian Economic Union, and we will be able to use this in regard to other Association of Southeast Asian Nations (ASEAN) states,” he said.

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