Eurasian Economic Union and Vietnam Nguyen

: Tags Russia and the global economy, Trade The Eurasian Economic Union and Vietnam have signed a free trade zone agreement, according to Russia Today. It became the first international document on creating a free trade zone between the EEU and a third party. Prime Minister Dmitry Medvedev during a meeting with Prime Minister of Vietnam Nguyen Tan Dung on the sidelines of the Eurasian Intergovernmental Council summit in Burabay, Kazakhstan. Russia OKs draft deal on free trade between Eurasian Economic Union, Vietnam The prime ministers of Russia and Vietnam Dmitry Medvedev and Nguyen Tan Dunghave also signed an agreement for Vietnam to provide Russian investors and service distributors with the most favorable treatment. Russia ready to consider EEU currency union - prime minister The free trade zone will save exporters from the EEU about $40-60 million in the first year of its operations, according to the documents prepared for the signing ceremony, TASS reports. The EEU will sign free trade zone agreements with other countries, Medvedev said after signing the agreement with Vietnam."Around 40 states have opted for holding talks on concluding this kind of agreements on a free trade zone with EEU, and of course we will be thinking this through as carefully as possible, so that those agreements are useful to our countries," Medvedev said. (news.financializer.com). As reported in the news.