Russia, US preparing new trade agenda: Russian vice-premier

Russia, US preparing new trade agenda: Russian vice-premier

YEREVAN, December 12 . /ARKA/. Russia and the United States are currently preparing new trade proposals to be submitted to the presidents Vladimir Putin and Barak Obama, first vice premier of Russian Federation Igor Shuvalov told Russian reporters in Washington, RIA Novosti reported.

Shuvalov said they suggested thinking over formation of a comprehensive economic agenda to create something like a free trade zone by certain time.

Yet, Russia is not ready now to discuss an agreement about free trade zone, but is willing to talk over protection of mutual investments for instance, Shuvalov said.

The Russian vice-premier met with American investors, US secretary of commerce Penny Pritzker and US trade representative Michael Froman during his three-day visit to New York and Washington.

Shuvalov said the countries’ foreign ministries are currently working over timing of discussion of the new initiatives.

Compromise and reconciliation between Russian and US standards is needed, he said.

Shuvalov has not ruled out Russia may join discussion of Transpacific and Transatlantic partnership in future.

“We should be in no hurry in this… not to worsen conditions for our enterprises that are very sensitive to any foreign trade change and ease-up for goods from overseas”, the first vice-premier said. –0—

11:39 12.12.2013

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