Customs union of Russia, Belarus and Kazakhstan will expand to include Montenegro and Serbia

Russian Minister for Emergency Situations Sergei Shoigu says the customs union of Russia, Belarus and Kazakhstan will expand to include Montenegro and Serbia.

The two are the only states in the region which Moscow has free trade agreements with, the minister said in Podgorica on Wednesday.

“This will be an additional incentive for investment because, apart from the existing market, that of the Customs Union will also be opened,” Shoigu said during a meeting with Montenegrin Economy Minister Vladimir Kavarić.