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07 June 2024, 14:18

 Ambassador: EAEU goes strong despite Western sanctions against Belarus, Russia 

MINSK, 7 June (BelTA) – The Eurasian Economic Union has quickly adapted to the Western sanctions against Belarus and Russia and continues to go strong, Belarusian Ambassador to Russia Dmitry Krutoi said at the session “10 Years of the EAEU: Effects, Priorities, Prospects” at the St. Petersburg International Economic Forum, BelTA has learned. 

"Over 10 years we have had a lot of difficult discussions, teething troubles in the EAEU. But in terms of key points we confidently adhered to the common policy. One example of the efficiency of the union is the situation with Western sanctions against Belarus and Russia. We were able to adjust our economies to this new reality and new conditions and this attests to the resilience of the union. In my opinion, the two main pillars that have set the EAEU apart from other integration associations for the past 10 years include a sustainable domestic market and a common customs space. This is the main result of the extensive lawmaking work we have accomplished. Another important contributor to the high resilience of the EAEU is full self-sufficiency in key energy resources. When we develop a common energy market in the medium term, we will strengthen the strategic foundations of the EAEU even more fundamentally,” Ambassador Dmitry Krutoi said.

He noted that citizens should understand why the country is a member of the EAEU and what benefits this membership brings. "Now, when we summarize the results for 10 years, we see that the figures are good. We can show them to people and tell them that the union is a reality and that there is an understanding of how we move forward. Growth of real incomes is one of the results of our work. Depending on the country, the growth has ranged from 28% to 53% over the past 10 years. I think these are very good figures. This is the effect that is directly felt by our citizens,” the ambassador noted.
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