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Ratification of the Agreement on Free Trade in Services, Establishment, Activity, and Implementation of Investment

June 12, 2024

The President signed Federal Law On Ratifying the Agreement on Free Trade in Services, Establishment, Activity, and Implementation of Investment.

The Agreement was signed in Sochi on June 8, 2023.

The Agreement is aimed at creating favourable conditions for economic growth in the CIS member-states, expanding mutual trade in services, raising the level of its liberalisation, and implementing investments by entities of one State Party in territories of other States Parties. The Agreement will also provide incentives for improving the living standards in the States Parties.

June 12, 2024