ASEAN Agrees To Look At FTA With EAEU
by Mary Swire, Tax-News.com, Hong Kong
24 May 2016
Following a meeting with Russia in Sochi on May 19-20, the member states of the Association of Southeast Asian Nations (ASEAN) have agreed to look at a free trade agreement with the Russian-led Eurasian Economic Union (EAEU).
In their statement following the meeting, it was noted that ASEAN and Russia had agreed to improve "regional economic cooperation aimed at promoting trade and investment," and to "endeavor to increase substantially the volume of trade" between them.
The statement said: "Russia put forward a proposal to launch a joint feasibility study of a comprehensive free trade area between ASEAN and EAEU. ASEAN will consider this initiative."
The EAEU comprises Armenia, Belarus, Kazakhstan, and Kyrgyzstan, and Russia.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Starting a Business in Arizona - Guide »
- Will you be my (tax) valentine? »
- EU Throws Weight Around On Compliance, Trade »
- The Digital Tax Binary Dominates »
- Starting a Business in Hong Kong in 2020 - All You Need to Know »
- Ireland Succumbs To Election Fever... »
- Reforms Continue Apace, Offshore Centers Muscle In... »
- Festive Break? Not so much... »
- How to start a business in Wyoming? »
- Election Ends British Brexit Battle »