ID :
210987
Tue, 10/04/2011 - 07:56
Auther :

Customs Union begins talks with EFTA on special trade zone: Putin.

MOSCOW, October 3 (Itar-Tass) - The Customs Union of Russia, Belarus
and Kazakhstan has gone into talks with the European Free Trade
Association on setting up a zone of free trade, Russian Prime Minister
Vladimir Putin said in an article published in the Izvestia daily on
Tuesday.
"Liberalization of trade, the removal of barriers to economic
cooperation will be among the focal points in the agenda of the APEC forum
that will be held in Vladivostok in one year," the prime minister noted.
He said "Russia will advance a common coordinated position of all
participants in the Customs Union and the Common Economic Space".
According to him, the global crisis that broke out in 2008 had a
structural nature and its "strong recurrences" can still be witnessed.
The root of the problem is in accumulated global misbalances. The
process of developing post-crisis models of global development proceeds
with a lot of difficulties. "For example, the Doha Round has been
practically stalled, there are also objective difficulties inside the
World Trade Organisation, and the principle of freedom of trade and
openness of markets is facing a serious crisis itself".
The development of common approaches at the grassroots level can
become a way out, Putin said. "First inside the existing regional agencies
- the EU, NAFTA, APEC, ASEAN and others, and then - through a dialogue
between them," he added. "It is out of these integration 'bricks' that a
more stable nature of the global economy may emerge," Putin stressed.
"For example, two biggest associations of our continent - the European
Union and the emerging Eurasian Union, which base their cooperation on
principles of free trade and compatibility of regulation systems,
objectively can spread these principles from the Atlantic to the Pacific
Ocean, including through relations with third countries and regional
agencies," the Russian prime minister continued.
Then, he believes, it will be logical to begin a constructive dialogue
on principles of cooperation with countries of the Asia Pacific Region,
North America and other regions.

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