Russia ratifies trade agreements with Abkhazia and South Ossetia

The Federation Council of Russia ratified the intergovernmental trade deals with Abkhazia and South Ossetia today, ITAR-TASS reports.The documents set a customs-free trade regime for some products. There will be no fees for exports of gasoline and diesel fuel with a consumption volume of 50,000 tons a year in Abkhazia and 35,000 tons in South Ossetia in the first year.

The Federation Council of Russia ratified the intergovernmental trade deals with Abkhazia and South Ossetia today, ITAR-TASS reports.

The documents set a customs-free trade regime for some products. There will be no fees for exports of gasoline and diesel fuel with a consumption volume of 50,000 tons a year in Abkhazia and 35,000 tons in South Ossetia in the first year.