EAEU-Israel free trade agreement could boost economic ties - Putin

June 8, 2016 Interfax
Substantive talks to begin in 2016.
Benjamin Netanyahu
Russian President Vladimir Putin (L) and Israeli Prime Minister Benjamin Netanyahu (R). Source: kremlin.ru

Russian President Vladimir Putin said on June 7 that the establishment of a free trade area with the Eurasian Economic Union (EAEU) could promote economic ties with Israel.

“I am sure that the establishment of a free trade area between the EAEU and Israel may serve as an incentive for developing business ties,” Putin said at a press conference following negotiations with Israeli Prime Minister Benjamin Netanyahu.

“We recently talked about this with our EAEU partners in Astana, and substantive negotiations on this account will be launched this year,” Putin said.

Read more: Greater trade ties key to Russia becoming ASEAN’s strategic partner– expert

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