CU negotiating with Vietnam on creation of free trade zone

Date: 04:24, 07-04-2014.

Astana. April 7. KazTAG - The Customs Union is negotiating with Vietnam on creation of a free trade zone, reports the Ministry of Economy and Budget Planning.

"The first round of negotiations on the agreement conclusion on the free trade zone between CU member states and Vietnam has completed," reads the message.

The parties negotiated the sections of the draft agreement on goods trade, customs administration, rules of production and protection of intellectual property.

"The work on the texts on sanitary and phytosanitary norms, and electronic trade has been finished," reads the message.

The agreement will boost development and strengthening of trade ties between CU member states and Vietnam and create favorable conditions for goods promotion to the market of Vietnam and investments attraction to CU states.

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