The first summit of the Union of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan was held on Friday in Moscow.

“Within the framework of the Intergovernmental Council session, on May 29 the conclusion of the first agreement on the free trade zone with Vietnam is scheduled to take place. I’d like to mention that according to the results of multilateral negotiations, mutually beneficial conditions for the access to the commercial market have been achieved and parameters for the cooperation in trade services have been determined,” Kazakhstan's President Nursultan Nazarbayev said during the summit, RIA Novosti reports.