Free trade regime to function in the CIS territory

YEREVAN, MAY 12, ARMENPRESS:

Free trade regime will function in the CIS territory. At today's cabinet sitting the government approved the offer on signing agreement on "Free Trade Zone".

Economy Minister Tigran Davtyan said it is a phenomenal agreement that will principally change the situation. The minister said currently these regimes operate within the framework of bilateral agreements. The signing of this agreement will create serious legal ground in respect of creation free trade zone in the CIS", the minister said.