New Zealand Prime Minister John Key and Russian President Dmitry Medvedev met during the APEC Leaders meeting in Yokohama, Japan on 12 November. During the meeting Mr Key and Mr Medvedev announced that New Zealand, Russia and its Customs Union partners, Belarus and Kazakhstan, would shortly commence negotiations for a free trade agreement (FTA). This announcement follows a Joint Ministerial Statement, below,made by the four countries on the negotiations. The first round of negotiations will commence in early 2011.
Joint Ministerial Statement