Russia invited Algeria to hold negotiations on the creation of a free trade area

13/02/2024

A free trade zone is a geographic area where goods can be imported, stored, processed, manufactured or reconfigured and re-exported in accordance with certain customs regulations and are generally free of customs duties.

Therefore, such a move will increase the number of businessmen from both countries who engage in trade. It should also speed up and simplify payments between countries and have a positive impact on the development of logistics. What other advantages are there in creating a free trade zone - read more in our new article on VC.RU