Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Free trade zone between EEU, EU helps Russia’s long term goals: Deputy Finance Minister

byCustoms Today Report
02/01/2015
in International Customs
Share on FacebookShare on Twitter

MOSCOW: Russia sees the long-term goal of cooperation between the Eurasian Economic Union (EEU) and the European Union (EU) in creating a free trade zone that is expected to serve as the basis of a common economic space from the Atlantic to the Pacific, Russia’s Deputy Foreign Minister Vasily Nebenzya told.

“This strategic initiative is designed to ensure harmonious development of all countries in the region, both affiliated and not affiliated with various integration associations,” he said.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

At the same time Nebenzya acknowledged that the existing realities by no means allowed for implementing such plans, although “the idea of establishing contacts between the EU and the EEU has drawn an ever greater response from the European Union.”

“We welcome the latest statements by a number of European politicians to the effect they welcome the idea of a direct dialogue between the EU and the EEU,” he said.

The Treaty on the establishment of the Eurasian Economic Union comes into effect on January 1.

“For a start, it would be expedient to establish working contacts at the level of experts of the Eurasian Economic Commission and the European Commission,” Nebenzya believes. “That would facilitate the settlement of outstanding trading and economic problems, contribute to a better understanding of the concerns over the association agreements within the EU’s Eastern Partnership program, including that with Ukraine. Cooperation between the EEU and the European Commission, including the adjustment of technical control systems and reduction of non-tariff barriers might bring about favorable prerequisites for a future start of free trade zone negotiations between the EEU and the EU,” he said.

Nebenzya recalled that Moscow in early December hosted a meeting of the Eurasian Economic Commission representatives with an EU delegation and the European partners “displayed interest in identifying a format and means of cooperation at the given stage.”

“A meaningful discussion is required over the prospects for establishing cooperation between the EEU and the EU,” he added. “In any case, it would be politically short-sighted of the European Union to ignore the new Eurasian reality.”

Tags: Eurasian Economic UnionEuropean UnionRussia sees the long-term goal

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Indian Customs seizes 9kg illicit gold worth Rs 2.45 crore at airport

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.