The document is expected to be signed at a Russia-EU summit, which will be held on December 7.
Valenzuela said Russia and the EU had achieved a considerable breakthrough at their negotiations on Russia's entry into the world trade club, resolving all their bilateral issues. The issues that remained were multilateral and needed to be discussed in a multilateral format, he said.
Valenzuela said the Russia-EU summit would seal this breakthrough and complete bilateral negotiations.
The summit will also give a new impetus to the negotiations on a new agreement between Russia and the European Union, including partnership for modernization between Russia and the EU, he said.
