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EAEU hopes to sign free trade deal with Serbia on Oct 25

Author Radomir Ralev
EAEU hopes to sign free trade deal with Serbia on Oct 25 Aleksandr Botsan-Kharchenko; Source: Russian Science and Culture Centre in Belgrade

BELGRADE (Serbia), August 26 (SeeNews) – The Eurasian Economic Union (EAEU) expects to sign a free trade agreement with Serbia on October 25, the Russian ambassador to Serbia, Aleksandr Botsan-Kharchenko has said.

“For Belgrade, the implementation of the document will mark a completely new stage of presence in Eurasia, entering a market with a capacity of over 182 million consumers and a combined GDP of more than $1.9 trillion (1.7 trillion euro),” Botsan-Kharchenko said in his Twitter account last week.

In the future, Serbia may become one of the links in trade between the EU and the EAEU, Botsan-Kharchenko added.

All EAEU member countries have approved the signing of the free trade agreement, the Minister for Trade of the Eurasian Economic Commission, Veronika Nikishina, said as quoted in a statement by the Serbian trade ministry in June.

The EAEU is a political and economic union of several states in central and northern Eurasia that once were members of the former Soviet Union  - Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan. 

Serbia already has free trade agreements with Russia, Belarus and Kazakhstan.

($ = 0.893314 euro)