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ASEAN Countries Lobby for Free Trade Agreements with Russia

  • 9 Sep 10:04

ASEAN Countries Lobby for Free Trade Agreements with Russia A number of Southeast Asian countries, members ofASEAN, have called for improvements in the region’s free trade status with Russia at this week’sEastern Economic Forumin Vladivostok, Rhythm of Eurasiareports. Nearly all members with the exception of Vietnam, which has a free trade agreement (FTA) with the Russia-inclusive Eurasian Economic Union (EAEU), suffer from low bilateral trade volumes with Russia. But the Vietnam experience has seen Viet-Russian bilateral trade jump from practically zero to $10 billion in three years. Other ASEAN nations are understandably keen to duplicate this. The nearest point to Russia for most ASEAN members is, in fact,. Read more...