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Infrastructure projects may become basis for economic cooperation in EEU

Economy 02.12.2015 | 09:05

MOSCOW, 2 December (BelTA) – Infrastructure projects may become a good basis for a long-term successful and multipronged economic cooperation between the member states of the Eurasian Economic Union (EEU), Chairman of the Eurasian Investment Council Alexander Dolgov said at the Second Eurasian Economic Congress in Moscow on 1 December, BelTA informs.

“It is of special importance in the current economic situation, when the implementation of infrastructure projects can promote economic development in general. Therefore, it comes as no surprise that all the EEU member states are aimed at the development and implementation of such projects,” said Alexander Dolgov.

At the same time the Chairman of the Council noted that the situation with the infrastructure both in Russia and other EEU member states leaves much to be desired. “We see that many countries have been doing their best to launch the process of private investment attraction in big infrastructure projects. This process is not always smooth. However, we clearly see a political will in this area,” he said.

The Second Eurasian Economic Congress was organized by the Eurasian Communication Center. The forum provided a platform for dialogue between the government officials, businessmen, and representatives of the media of the EEU member states. The congress was aimed at discussing topical matters and practical aspects of the development of integration in Eurasia.

Other items on the agenda included the formation of the common pharmaceutical market, the EEU Customs Code, investments, infrastructure projects, ways to boost trade and develop capital markets, and cooperation with the Eurasian Union, Arab countries, China and India.

Partaking in the congress were ministers of the Eurasian Economic Commission and representatives of the EEU member states and other countries interested in developing cooperation with the union.

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