Next EAEU Intergovernmental Council to take decisions on free trade zones with Serbia, Singapore, says minister

MOSCOW, February 18. /TASS/. The decisions on creating free trade zones between Eurasian Economic Union (EAEU) and Singapore, as well as Serbia, are expected at the next EAEU Intergovernmental Council, Russia’s Economic Development Minister Maksim Oreshkin told reporters on Monday. "We are working both with Singapore, and Serbia, and are at an active stage (of negotiations - TASS) with a number of other countries. We aim at finalizing the talks with Singapore by the middle of the year, while with Serbia we are ‘at the end’. Decisions will be taken at the next EAEU Intergovernmental Council," he said. According to Oreshkin, the issue of tariffs, quotas on various groups of goods and other parameters to provide the basis for the free trade zone, are being discussed inside the Eurasian Economic Union regarding Serbia and Singapore now. "Hopefully, all counties of the ‘five’ (EAEU - TASS) will be satisfied with those structures," he added. Read more