In November 2005, hu Jintao, then Chinese president, and Ricardo Lagos, former president of Chile, witnessed the signing of the Free Trade Agreement between China and Chile. The agreement came into force in October 2006. As part of the agreement, China and Chile will gradually extend the customs processing period to 97% of products within ten years. List of agreements between two states, two blocs or one bloc and one state. The main export products in EAEU`s trade with China are crude oil, including natural gas condensates (18.6 per cent of EAEU exports), sawn wood (48.3%), coal (12.7%), refined copper and copper alloys (26.3%), turboprop and turboprop engines, gas turbines (62.5%), raw wood (76.4%) copper ores and concentrates (68.6 per cent). Major imports include communication equipment and spare parts for these devices (China accounts for 64.5% of imports from EAEU countries), automatic information processing computers (63.4%), thermal materials (63.4%). 47.6 per cent, car and tractor parts and accessories (15.3 per cent), toys (80.3 per cent) as well as shoes with rubber or plastic sole and top (84.9 per cent). The China-Costa Rica Free Trade Agreement (FTA) came into force on 1 August 2011. Negotiations on the free trade agreement began in January 2009 following the visit of Hu Jintao, then Chinese President, to the Central American country in November 2008.
After intense one-year negotiations, the two sides signed the free trade agreement in April 2010. The China-Pakistan Free Trade Agreement (FTA) officially entered into force in July 2007. The two countries signed the agreement on 24 November 2006. During former Chinese Prime Minister Wen Jiabao`s visit to Pakistan, negotiations began in April 2005. The two countries began negotiating a free trade agreement in April 2007 and signed the agreement in April 2013 under Chinese Premier Li Keqiang and Icelandic Premier Johanna Sigurdardottir. As the economies of the EAEU countries have to adapt to the free trade regime, transitional periods of five and ten years have been set for certain products in order to gradually reduce import duties. Chinese Premier Li Keqiang and ASEAN leaders will participate in a signing ceremony on 22 November 2015 in Kuala Lumpur, Malaysia, to sign the protocol amending the framework agreement on global economic cooperation between China and ASEAN. [Xinhua] Vietnam`s trade with Russia and Kazakhstan is particularly intense. According to the WTO, the share of Russian exports to Vietnam has increased dynamically over the past three years: 19.9% in 2016, 34.0% in 2017 and 12.9% in 2018. This growth was due to a sharp increase in exports of cereals, mineral resources, iron and steel, fish and seafood, as well as organic chemicals. Kazakhstan has significantly increased its exports to Vietnam by 39.0% and 3.6% between 2017 and 2018.
This is partly due to Kazakhstan`s ongoing export of iron and steel, cereals and lead and lead to Vietnam. Access to the EU and Balkan market Serbia, which has just signed a free trade agreement with the EAEU, also has a preferential trade agreement with the EU. Goods originating in Serbia and exported to EU customs territory are subject to preferential tariff regimes. In 2000, the European Commission introduced autonomous trade measures for Serbia.
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