MOSCOW, November 24 (Sputnik) – Another 40 countries want to establish free trade zones with the Eurasian Economic Union (EEU), the Chairman of lower house of Russian Parliament Sergey Naryshkin said Monday.
Referring to the fact that Moldova, Georgia and Ukraine had signed Association Agreements with the European Union June 27, Naryshkin stressed that all countries have the sovereign right to determine their geopolitical future.
Naryshkin called for the intensification of intergovernmental cooperation within the EEU. He particularly suggested that member states carry out an examination of new national legislation so they would match the EEU treaty. Major documents and projects regarding the integration processes should be discussed at joint sessions of the relevant parliamentary committees of member states, the speaker concluded.
Economic cooperation between post-Soviet countries has increased since late 1990s. In February 1995 Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Russia signed a treaty guaranteeing the creation of a Eurasian Customs Union (ECU). The EEU, a political and economic organization, is an offshoot of the ECU, founded by Belarus, Kazakhstan and Russia in May 2014.