(VOVworld)- Vietnam and the Customs Union of Russia, Belarus and Kazakhstan conducted the third round of Free Trade Agreement (FTA) negotiations in Minsk, the capital of Belarus on Monday. Addressing the opening session, the delegates expressed their hopes that the talks will continue the success of the two previous meetings in Hanoi and Moscow. During the five-day talks, delegations will focus discussions on trading commodity and service, and investment, commercial law, trade dispute settlement, customs management as well as advantages and disadvantages in building the FTA. Begun in March with the first two rounds of talks held in Hanoi and Moscow, the parties have reached consensus on a plenary structure of the agreement as well as a roadmap for building the FTA. The FTA is believed to create a breakthrough in bilateral relations, helping lift customs barriers, and offer great opportunities for the union to penetrate potential ASEAN countries’ markets and open the doors for Vietnamese goods to its member countries. The third round of talks will wrap up on Friday.