Economy

Free trade zone agreement between Eurasian Economic Union and UAE to be signed soon

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Free trade zone agreement between Eurasian Economic Union and UAE to be signed soon

The agreement on a free trade zone between the Eurasian Economic Union and the United Arab Emirates will be signed in a couple of months, a top Emirati official has said, according to TASS news agency.

Thani Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, said that the agreement will be signed in two or three months.

“The work around this agreement lasted almost a year and a half. We are looking forward to signing the agreement in two or three months,” he said at the Made In Russia expo in Abu Dhabi.

The negotiations around the free trade agreement began in 2023.

The Eurasian Economic Union members are Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.

 

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