Commonwealth of Independent States Free Trade Area

Serbian Prime Minister Ana Brnabic on Friday signed a free trade deal with the Russian-led Eurasian Economic Union, EAEU, in Moscow, after the EU warned that it will closely monitor such relations, as Serbia is a candidate for joining the European Union.

Beside Brnabic, the deal was signed by the Prime Ministers of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia.

European Parliament Foreign Affairs Committee Chairman and until recently a Rapporteur of this institution to Serbia David McAllister said for Radio Free Europe.

MOSCOW - Russian PM Dmitry Medvedev on Friday announced the start of free trade zone talks between the Eurasian Economic Union and Israel and Serbia, respectively.

MOSCOW - Russian PM Dmitry Medvedev on Friday announced the start of free trade zone talks between the Eurasian Economic Union and Israel and Serbia, respectively.

Russia's Economic Development Minister Alexey Ulyukayev and EU TRade Commissioner Cecilia Malmstrom are to hold talks over the implementation of the Ukraine-EU Association Agreement.

Representatives of Ukraine will not be present at the negotiations, ITAR TASS reported.

Ulyukayev stated that he expects '' a frank conversation'' regarding Russia's concerns on the issue.

The Eurasian Economic Union (EEU) officially starts functioning on January 1.

The EEU unites Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan.

The new economic union envisages free flow of capital, goods services, and workforce on a common market including over 170 million people, according to reports of the Bulgarian National Radio.