Commonwealth of Independent States Free Trade Area

Commonwealth of Independent States Free Trade Area
Location of the CISFTA (orange & purple)
Location of the CISFTA (orange & purple)
Type Trade bloc
Member states Russia
Ukraine
Belarus
Uzbekistan
Moldova
Armenia
Kyrgyzstan
Kazakhstan
Establishment 18 October 2011

Commonwealth of Independent States Free Trade Area (CISFTA) is a free trade area between Russia, Ukraine, Belarus, Uzbekistan, Moldova, Armenia, Kyrgyzstan and Kazakhstan. All CISFTA participants except Ukraine, Uzbekistan and Moldova are members of the Eurasian Economic Union, which aims to form a single economic market.

The CIS Free Trade Zone Agreement, proposed since the breakup of the Soviet Union in 1991, was signed on 18 October 2011 by Russia, Ukraine, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova and Armenia.[1] The agreement replaced existing bilateral and multilateral free trade agreements between the countries. Although ex-Soviet states, Azerbaijan and Turkmenistan have not signed the agreement. Initially, the treaty was only ratified by Ukraine, Russia, Belarus, Moldova, Armenia and Kazakhstan,[2][3] however in December 2013 Uzbekistan signed and then ratified the treaty.[4] Kyrgyzstan has ratified the treaty with affect from 12 January 2014,[5] while Tajikistan is close to completing the ratification process.[6]

GUAM Organization for Democracy and Economic Development Georgia (country) Azerbaijan Ukraine Moldova Tajikistan Turkmenistan Collective Security Treaty Organization Eurasian Economic Union Uzbekistan Kyrgyzstan Kazakhstan Armenia Union State Belarus Russia Commonwealth of Independent States Commonwealth of Independent States Free Trade Area Baltic Assembly Lithuania Latvia Estonia Community for Democracy and Rights of Nations Transnistria Abkhazia South Ossetia Nagorno-Karabakh Republic
Euler diagram showing the relationships between various multinational organisations in the territory of the former Soviet Unionv • d • e

See also

References

  1. ↑ CIS leaders sign free trade deal, 2011-10-18
  2. ↑ Russia’s Duma ratifies Eurasian Economic Union, odessatalk.com. Retrieved 23 December 2014.
  3. ↑ CIS Free Trade Agreement comes into force; Baker & McKenzi, Kyiv, Ukraine, Thursday, October 18, 2012, 2011-10-18
  4. ↑ Usbekistan: Protokoll über Beitritt zur GUS-Freihandelszone in Kraft getreten, de.ria.ru 28th December 2013.
  5. ↑ Uzbekistan joins CIS free trade zone, azernews.az. Retrieved 23 December 2014.
  6. ↑ CIS FTA effective for Kyrgyzstan from 12 January 2014, bilaterals.org. Retrieved on 23 December 2014.

External links