Progress of integration discussed in Moscow

March 06. Kazpravda

Progress of integration discussed in MoscowIn Moscow President Nursultan Nazarbayev attended the meeting of the Supreme Eurasian Economic Council together with the Russian and Belarus leaders Vladimir Putin and Alexander Lukashenko and chairman of the board of the Eurasian Economic Commission Viktor Khristenko.

The meeting discussed the run and prospects of the integration processes, the functioning of the Customs Union (CU) and Common Economic Space (CES), progress in the drafting of the agreement to establish the Eurasian Economic Union.

President Nursultan Nazarbayev detailed on the last meeting of the Eurasian Economic Commission in Astana, noting a sizeable work accomplished and pointing to the need for boosting the grassroots’ awareness work in all the three countries on the benefit of the Eurasian economic integration and re-emphasizing the need to create an economic union in the first place. A month before adoption of the agreement, another meeting of the supreme body should be held for coordination of the remaining issues, he urged. President Vladimir Putin said that Russia, Belarus and Kazakhstan have been making steady progress towards integration, which is already yielding results. Despite a slowdown in the global economy in 2013, trade between our three countries not only did not fall, but even increased slightly and came to $64.1 billion. -Russia values the constructive, equitable and open relations that have been built economically between our nations, and greatly appreciates the joint results that have been reached, he went on. President of Belarus Alexander Lukashenko said that in our integration project we need to come to concrete results, that is to finalize the work on creation of the Customs Union without any limitations and exceptions. In this regard, we have made a considerable headway and should move on towards our economic union.

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Some 40 countries interested in free trade zone with Belarus, Kazakhstan and Russia

March 6. Trend

By Elena Kosolapova

Some 40 countries from all over the world are interested in the free trade zone with the Customs Union of Belarus, Kazakhstan and Russia, Russian news agency Prime reported with reference to Russian President Vladimir Putin on March 5.

“The Eurasian Economic Commission has already started to form a package of free trade agreements with several countries. We have already received requests for such agreements from about 40 countries,” Putin said at the summit meeting of the Supreme Eurasian Economic Council in Moscow.

Among the countries which are interested in free trade with the Customs Union are such countries of European Free Trade Association (Iceland, Liechtenstein, Norway, Switzerland), Vietnam, Israel, India, Chile and Peru, according to Putin.

The Supreme Eurasian Economic Council is the supreme body of the Customs Union and Common Economic Space of Kazakhstan, Russia and Belarus.