12:39 25-07-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Mercosur interested in cooperation with Eurasian Economic Union

Bishkek (AKIpress) - Kusmangaliyeva The biggest South American integration association "Mercosur" expressed interest in cooperation with the Eurasian Economic Union, Director of the Institute of Eurasian Integration Zhanargul Kusmangaliyeva stated at a briefing before the meeting of the Supreme Eurasian Economic Council in Astana on May 29.

"We are establishing cooperation with entire blocs such as the European Union, Organization for Economic Cooperation and Development (OECD). The biggest integrated union of South America called Mercosur has expressed interest in unhampered trade with the Eurasian Economic Union," she said.

In addition, more than 40 countries announced their intention to join the free trade area with the Customs Union. Among them are Turkey, India, New Zealand, Vietnam.

"The first country that will be able to join the countries that constitute the core of the Eurasian integration - Kazakhstan, Belarus and Russia - will be Armenia. Kyrgyzstan and Tajikistan also express willingness to join the CU with the further accession to the Eurasian Economic Union," Kusmangaliyeva added.

She stressed that the Eurasian Economic Union is the open association ready for cooperation with other integration associations and countries.

Mercosur is a free trade zone, which was established in 1995 as a union of four Latin American countries Brazil, Argentina, Uruguay and Paraguay. In 1996, Bolivia joined the bloc. The Mercosur participating countries account for approximately 68.6% of the territory in Latin America, 51 % of the population, 60% of the total GDP. Mercosur is the world’s fourth largest trading bloc after the EU, NAFTA, APEC.

In December 1995, Mercosur and EU signed an agreement establishing the first ever South American transcontinental free trade zone.


Twitterfacebookprint
15:05 31.05.2014
LATEST NEWS
12:40 Batken, Sughd police chiefs to discuss compensation of damage to Kyrgyz villagers caused by Tajik citizens12:35 Situation on Kyrgyz-Tajik border remains tense12:34 66% of examinees fail Complex Testing of Entrants in Kazakhstan12:25 Proportion of services drops in Kyrgyzstan's GDP structure due to tightened customs control by Customs Union countries12:20 Kyrgyz Economy Ministry notes 5% economic growth deceleration since start of 201412:19 23 Kazakh tourists stuck in combat zone in Israel fly back to Turkey: Kazakh MFA12:09 Kyrgyz government to reduce electricity consumption limits by 30%12:08 Air Algerie plane wreckage found in Mali12:02 Major Kazakh businessmen become shareholders of BANK RBK JSC11:33 Kazakhstan ranks 70th in Human Development Index: UNDP11:28 2014 World Bank income classifications: Kyrgyzstan becomes lower middle income country11:23 All public procurements in Kyrgyzstan to be made through on-line government portal before end of 201411:12 Kazakh volleyball player Sabina Altynbekova strikes Internet11:08 Toktogul dam has water less for 3 billion cbm than last year11:00 Worker remittances to Kyrgyzstan amount to around $2 billion10:47 Pope blesses woman who was sentenced to death over faith10:46 Kyrgyz government intends to find financing for construction of Kara-Keche thermal plant in next 2-3 years10:36 Production declines in Batken region over border problems10:30 Net profit of Baiterek JSC makes up $64.5 million in H1 201410:04 Shooting occurs in Kazakhstan's Aktau city
Astana
+22° C
Ashgabat
+36° C
Bishkek
+30° C
Dushanbe
+30° C
Tashkent
+34° C
exchange rates
 
69.89
51.83
8.36
1.48
247.42
183.52
29.63
5.24
6.68
4.96
0.80
0.14
3172.31
2328.16
375.17
66.21
3.84
2.85
0.46
0.08

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75