Voice of Russia | Dec 10, 2010

CIS summit to focus on free trade area

A CIS summit is due in Moscow today, to focus on prospects for economic cooperation, including the creation of a free trade area in the Commonwealth.

According to the Russian President’s press service, the signing of a treaty on a free trade area within the framework of the Commonwealth will help remove barriers and liberalize trade in the CIS.

This summit is due to become a key event held under Russia’s CIS chairmanship during 2010.

Yesterday the leaders of Russia, Belarus and Kazakhstan approved a declaration on forming a Single Economic Area.