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Medvedev does not exclude that the EAEC can create a free trade zone with the APR countries
Russian Prime Minister Dmitry Medvedev does not exclude that the Eurasian Economic Union of Russia, Belarus and Kazakhstan (EAGE) can create a free trade zone with the countries of the Asia-Pacific region.
"We (the Eurasian Economic Union) are individually negotiating the creation of free trade zones, the Socialist Republic of Vietnam has advanced the closest," the head of the cabinet told reporters. He clarified that "almost everything has been agreed with Vietnam, in principle, we have agreed on almost everything," TASS reports.
Medvedev noted that "if this experience turns out to be successful, Vietnam gains access to the united market of the Eurasian Economic Union, then we will be able to use it (experience) in relation to other ASEAN countries." "And they are asking about it," Medvedev stressed.
At the same time, he added that first "you need to go through the first phase, and if it works out, maybe then some more complex associations will turn out."
Medvedev stressed that the Russian Federation is carefully looking at the initiatives that have already been formulated for integration associations in the APR. He specified that he means the China Global Partnership initiative and the idea of the Trans-Pacific Partnership, which is being promoted by the United States. This does not mean that we are joining them, but we are looking at what will come of it, "the Russian prime minister said.