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The trading area of the EEA-Singapore: is it possible?

Members of the Eurasian Economic Union have been considering for some time the inclusion of Singapore in the list of business partners. The meetings have long talked about the Agreement on the organization of a free trade zone between the Asian state and the five EEA. This topic has repeatedly been raised since 2016 year.

The document was developed after four rounds of meetings, and now it is waiting for the readiness of the Singaporean side, which solves juridical nuances and prepares documentation.

The signing is scheduled for November this year, then at the East Asian summit there will be a decisive meeting between the representatives of Singapore and the Union. The agreement will concern the availability of transportation of products and its trade on the territory of states.

The logistics company “Stableline” will help to properly arrange the goods and transport them from one country to another. It will transport cargo from China, Singapore, India and Japan, organize transportation from Poland, Hungary, Belarus, Great Britain to the Russian Federation, and also take care of the competent customs clearance of goods.