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Putin’s emphasis on the need to deepen cooperation in the Eurasian region

The President of Russia and other leaders of the member states of the Eurasian Economic Union, at the meeting of the Supreme Council of this organization in Moscow, emphasized the growth of trade relations, the need to strengthen cooperation, replace imports and expand the single internal market without border barriers for transportation in the conditions of sanctions.
– International news

According to the report of the international group Tasnim news agency quoting “Tass” news agency, Russian President Vladimir Putin announced on Wednesday afternoon at the meeting of the Supreme Economic Council of the Eurasian Economic Union (EAEU) in a wide format held in Moscow that the leaders of the permanent member states of this international organization made decisions to further deepen the integration. and the development of integrated cooperation within the framework of the Union.

Putin reminded that the Eurasian Economic Union pays special attention to the issues of food security and to the development of an independent and uninterrupted supply of food. And vital types of agricultural products have contributed to domestic markets. According to him, the volume of mutual cargo transportation is growing at a good pace, which has been significantly helped by additional measures and increased capacity of border crossings between our countries.

Putin emphasized: The Eurasian Economic Union has shown its effectiveness in the conditions of Western sanctions and the dismantling of the basic foundations of international trade, and the member countries have done a lot to promote industrial cooperation, import substitution, and technology governance.

The President of Russia pointed out that the Eurasian Economic Union has brought real benefits to all participating countries, adding: This union has become an effective and dynamic integrated structure whose activities It has contributed to the growth of trade and investment exchanges, the intensification of business contacts and the expansion of cooperation relations. According to him, in the past decade, the Eurasian Economic Union has established itself as one of the self-sufficient centers of the emerging multipolar world, the economy of the member states is growing steadily, and this ensures the sustainable development of the entire Eurasian region and increases prosperity. The residents of the region will help.

Putin emphasized that over the past 10 years, the total gross domestic product of the member states of the Eurasian Economic Union has increased from $1.6 trillion to $2.5 trillion. . The volume of mutual trade between the member states of the Union has almost doubled during this period – from $45 billion to $89 billion, and more than 90% of the settlements between the EAEU countries are made in their national currencies.

The President of Russia added: the member states of the Union actively trade with other countries and have increased the volume of trade with them by 60% in 10 years, from 579 billion dollars to 923 billion dollars. .

The leaders of the five countries of the Eurasian Economic Union gathered in Moscow on the tenth anniversary of the summit of this organization. In addition to Putin, Kazakh President Kassem Jumart Tokayev, Belarusian President Alexander Lukashenko, Kyrgyz President Sadir Dzparov, Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan attended the meeting. The President of Uzbekistan, Shaukat Mirziyoyev, and the President of Cuba, Miguel Diaz-Canel, were also invited to this meeting as observer members. is staying in Moscow, his trip is a turning point in the bilateral relations between Moscow and Havana. , suggested that in the uncertain geopolitical conditions of the world, the participating countries should create a single internal market without border barriers for the transportation of goods.

In this summit, Alexander Lukashenko, the president of Belarus, also emphasized that in the context of Western sanctions, it is necessary to quickly implement the decisions agreed by the leaders of the Union. According to him, in order to compensate for the shortcomings and to deal with stronger competition from third countries, quick solutions have been adopted quickly in most cases, but they are not always implemented quickly.

Armenian Prime Minister Nikol Pashinyan also expressed his interest in continuing cooperation with all member countries of this union at the Moscow Summit.

The President of Uzbekistan also He pointed out the increase in trade exchanges of this republic within the framework of the Eurasian Economic Union and added: In general, during the three years of cooperation between Uzbekistan and the Eurasian Economic Union in the observer status, the volume of mutually beneficial trade turnover has increased by 60%, primarily due to the increase The supply of industrial products has been increasing, the share of settlements with national currencies is increasing, and during this period more than 1000 investments and joint projects have been launched. The president of Kyrgyzstan also reminded that this republic has fully fulfilled its obligations after joining the Eurasian Economic Union to equip checkpoints at the customs borders with other member countries.

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© Webangah News Hub has translated this news from the source of Tasnim News Agency
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