Economics Trade Agreements Questions Medium
CISFTA, also known as the Commonwealth of Independent States Free Trade Area, is a regional trade agreement among certain countries of the Commonwealth of Independent States (CIS). As of 2021, the member countries of CISFTA include Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, and Ukraine. These countries have come together to promote trade and economic cooperation within the region by reducing trade barriers, eliminating tariffs, and facilitating the movement of goods and services among member states.