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Reading: CIS Trade Barriers Must Go to Boost Growth, Putin Says
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PhotoNews Pakistan > Business > CIS Trade Barriers Must Go to Boost Growth, Putin Says
Business

CIS Trade Barriers Must Go to Boost Growth, Putin Says

Web Desk
By Web Desk Published October 9, 2026 1 Min Read
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Russian President Vladimir Putin. Image Credit: AI Generated
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TURKMENBASHI: Russian President Vladimir Putin urged Commonwealth of Independent States (CIS) members on Friday to remove trade barriers, warning that national restrictions were slowing economic cooperation across the bloc.

Speaking at a summit of CIS leaders in Turkmenistan, Putin said member countries could achieve greater economic progress by easing trade restrictions. “We need to remove barriers,” Putin told the gathering.

He acknowledged that participating governments were working on practical measures to strengthen economic cooperation.

However, individual countries continued to introduce restrictions that limited regional trade. Putin argued that such measures prevented the Commonwealth from reaching its full economic potential.

The Commonwealth of Independent States could achieve much greater success by removing trade barriers, Putin said at a meeting of CIS leaders, noting that some national restrictions only hinder trade development within the Commonwealth:https://t.co/AuTJoFpDI1 pic.twitter.com/p6OkNPH2Ng

— TASS (@tassagency_en) October 9, 2026

Russia’s trade with CIS partners exceeded $110 billion in 2025, according to figures cited by Kremlin officials. Trade continued to expand during the first half of 2026.

Meanwhile, CIS countries have pursued industrial and infrastructure projects to strengthen economic ties and develop regional supply chains.

Read: Russia Taliban Partnership Expands Regional Ties

Putin’s remarks focused on reducing obstacles between member economies rather than introducing new trade arrangements.

Read: Russia-Pakistan Freight Rail Deal Enters Final Talks

He did not identify which national restrictions should be removed first or provide a timetable for implementing the proposed changes.

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