Economics Trade Agreements Questions
The Commonwealth of Independent States Free Trade Area (CISFTA) is a regional trade agreement among the member states of the Commonwealth of Independent States (CIS). It aims to promote trade and economic cooperation among the participating countries by eliminating or reducing trade barriers such as tariffs and quotas on goods traded within the region. The CISFTA was established in 2011 and currently includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, and Ukraine.