SCO and EEU countries agree on new economic partnership

SCO and EEU countries agree on new economic partnership

The member-countries of the Shanghai Cooperation Organization (SCO) and the Eurasian Economic Union (EEU) are preparing an agreement on economic continental partnership, Russia’s First Deputy Minister of Economic Development, Alexei Likhachev, said.

"In December 2015, our Kazakh partners announced an idea to create an SCO free trade zone. We not just accepted it together with the Chinese delegation, we transformed it into the following – we’ll be actually preparing background for a certain economic continental partnership, for a universal agreement within SCO," TASS cited Likhachev as saying.

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