Yerevan/Mediamax/. Armenian government approved today the suggestion on signing the “Free Trade Zone Agreement” among CIS countries.

Mediamax reports that Armenian Minister of Economy Tigran Davtyan said that conclusion of this agreement will create serious legal grounds for establishing a free trade zone in CIS countries.

He noted that so far CIS countries have been forming their trade relations within the framework of bilateral free trade agreements.

“The new agreement will allow taking trade on territories of all CIS countries without making customs payments”, Tigran Davtyan said.