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Thursday, January 21st, 2021

B.Sagintayev: Entrepreneurs of EEU expect positive effect from creation of Common Markets

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In his speech the Prime Minister of Kazakhstan emphasized the importance of consolidating the common efforts on interaction strengthening, the formation of new effective instruments for increasing trade between the countries of the Eurasian Economic Union.

“The key direction in this activity is the removal of barriers and restrictions. This work needs to be carried out systematically and step by step”, – Prime Minister of Kazakhstan B. Sagintayev said.

One more element of strengthening cooperation in the Union, according to the Prime Minister of Kazakhstan, is the creation of the best conditions for manufacturers and businesses of our states. “Entrepreneurs of the Eurasian Economic Union expect a great positive effect from integration and creation of Common Markets. Therefore, it is very important to achieve high-quality, effective and easy-to-apply regulatory practice for business in those areas, where we agreed to implement unified regulation, the so-called “general rules of the game”, – Prime Minister of Kazakhstan B. Sagintayev noted.

According to the information, during the EIC meeting a number of topical issues aimed at further deepening of the integration processes in the EEU were discussed. Special attention was paid to trade and economic cooperation and the expansion of mutual trade between the member states of the EEU, the development of the agro-industrial complex and agricultural machinery.

As a result of the meeting, a number of joint documents concerning issues of condition of mutual trade, spheres of the economy having integration potential, results of trade negotiations, and others were signed.

Source: Kazakhstan 2050

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