Tuesday, 22 October 2013
India poised to create free trade zone with Customs Union
Prime minister of India voiced the decision in the Kremlin following the results of talks with Russian president.
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Yesterday prime minister of India Manmohan Singh declared intention to sign an agreement on
free trade zone creation with the Customs union. Singh reported about readiness
to begin talks following the results of a meeting with president of Russia Vladimir Putin.
Russian president spoke about commodity turnover growth between the countries – last
year dynamics made 24% - up to $11 billion. Free trade zone creation, according
to the MGIMO expert Leonid Gusev, can increase commodity turnover.
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