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Anatoly Kazakov: â€œItâ€™s time to establish Caspian Economic Unionâ€

Anatoly Kazakov: â€œItâ€™s time to establish Caspian Economic Unionâ€

14 November 2014 12:27 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. The trade turnover of Russia with Caspian littoral states made $33 bln in 2013, said the Chairman of Coordinating Council of CIS Finance and Banking Council Anatoly Kazakov at the 7^th International Banking Conference held in Baku under the support of CIS Financial and Banking Council, International Bank of Azerbaijan (IBA) and CIS Executive Committee.

He noted that the trade turnover is below existing potential. Kazakov added that it’s time to establish Caspian Economic Union.

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