Posted on 12/09/2015 5:26:30 PM PST by VitacoreVision
The Russia-led Eurasian Economic Union (EEU) is planning to hold talks with Israel on establishing a free trade zone. The agreement is likely to strengthen Tel Aviv's economic ties with the union and improve Russia's investment climate.
"There has been a decision to kick-off talks on the free trade zone with Israel," said the director of the EEU's Integration Development Department Victor Spassky.
The EEU is a Russia-led trade bloc established in 2015 on the basis of the Customs Union of Russia, Kazakhstan and Belarus. It currently has five members: Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, while Tajikistan is a prospective member.
Israel will be able to increase trade with the EEU by six to eight percent; Russia will see an increase in investment and technology transfer.
In October, Israeli Minister Zeev Elkin said Tel Aviv wants a free trade agreement with the EEU as soon as possible. According to him, the deal could be clinched within two years.
The EEU ensures free movement of goods and services, capital and labor, as well as a coordinated, coherent and unified economic policy for its members.
The EEU has a free trade agreement with Vietnam and is currently negotiating with Iran. Moscow and Tehran are talking about abolishing the US dollar in bilateral trade.
Putin pulls ahead again.
While my first instinct is to think “gee, thanksalot you guys” I have to swallow my national pride and admit that with Shoeshine Boy at the helm for 2 terms lawfully, possibly a 3rd term UNlawfully and our nation teetering on ruin that Israel has to think very seriously about which horse to run with.
Also an Israeli reaction to the boycotts and labeling that the EU is imposing.
If you'd like to be on or off, please FR mail me.
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This is very interesting do you think this line’s up with Prophecy?
Very interesting. I think that it does indeed. Russia’s imposition into the Middle East makes it more likely that some tiff will develop between Israel and Russia. Take for instance how close Russia and Turkey are to war right now for downing a Russian plan. What if Israel did this by mistake or by plan? Or what if they blew a Russian intelligence ship out of the water (like the Liberty)? (Note: From what I have read, Israel had every right to do so because the the Liberty was passing information to the Egyptians!?!)
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