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Turkey May Create Free Trade Zone with Eurasian Customs Union: RIA Novosti

Turkey has raised the question of establishing a free trade zone with the Customs Union of Russia, Belarus and Kazakhstan, Russian Economic Development Minister Alexei Ulyukayev said after talks with Turkish Economy Minister Nihat Zeybekci, reports RIA Novosti.

The Turkish minister put forward an initiative for closer cooperation with the Eurasian Customs Union, Ulyukayev said.

"We have discussed the possible forms of cooperation, including the formation of a free trade zone between the Customs Union and Turkey. We have agreed to create a working group and to begin a more detailed discussion of these possibilities and prospects in September," Ulyukayev said on the sidelines of the meeting of G20 trade ministers in Sydney, Australia.

Turkey currently has an agreement on free trade zone with the European Union.