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Russia hopes to conclude an agreement on free trade with Vietnam by the end of the year - EastRussia | Far East

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Russia hopes to conclude an agreement on free trade with Vietnam by the end of the year

The Ministry of Economic Development of Russia intends to conclude an agreement with Vietnam on the creation of a new free trade zone by the end of the year 2014, said deputy head of the Ministry of Economic Development, Alexei Likhachev. According to him, in the issue of joint creation of a free trade zone, the Russian side has positive changes in the negotiations with Vietnam. At the same time, when asked by journalists about the conclusion of an agreement in 2014, Alexei Likhachev replied that it is quite possible.

In addition to Vietnam, the Ministry of Economic Development is negotiating with two other countries: New Zealand and Israel among them. Regarding the situation with agreements with representatives of these countries, Alexey Likhachev said that the negotiations have their own characteristics and nuances. At the same time, the deputy minister stressed that the situation in Ukraine did not affect the negotiations with Israel or Vietnam. Negotiations with New Zealand also have progress, but the planned creation of a free trade zone between the two countries will not take place until the end of this year, as previously reported.