MINSK, 4 February (BelTA) – Chairman of the Board of the Eurasian Economic Commission Mikhail Myasnikovich outlined the priorities the commission should focus on during the session on 3 February, the commission's press service told BelTA.
Mikhail Myasnikovich noted that the Eurasian Economic Union is entering a new phase in its development, which will be marked with certain peculiarities. “First of all, in accordance with the Eurasian Economic Union Treaty and decisions made by EAEU heads of state it will be necessary to set up genuinely working common markets by 2025. We should be objective: more effective measures to achieve that goal are now necessary,” Mikhail Myasnikovich stressed.
The polishing of strategic guidelines on advancing Eurasian economic integration till 2025 and forwarding the document for consideration of the Supreme Eurasian Economic Council represents the second task. Mikhail Myasnikovich reminded that the work has to take into account the address made by Belarus President Aleksandr Lukashenko, who presides over the Supreme Eurasian Economic Council in 2020. It is also necessary to analyze whether other instructions given by EAEU heads of state have been fulfilled in full.
Bolstering international respect for the Eurasian Economic Union is the third task. “We will have to help substantially increase the share of the Eurasian Economic Union in the world's GDP and international trade,” Mikhail Myasnikovich stated. “These indicators are rather modest for now. For instance, the level of interaction between the Eurasian Economic Union and the global Chinese Belt and Road initiative is insufficient. It is necessary to make a number of decisions to enhance the international legal standing of our organization. I am convinced that in the near future the Eurasian Economic Union will become an effective international association, which opinion as a center of economic power the world will respect.”
Then it is necessary to make sure Eurasian Economic Union member states benefit from mutual trade. Mikhail Myasnikovich stated that the countries sometimes introduce new barriers and it is the commission's job to improve ways of monitoring the union's law. “We have to prepare convincing materials about the problems and losses created by these barriers and unilateral decisions of the member states, which run contrary to domestic trade rules,” Mikhail Myasnikovich noted. “We need systemic communication with the private sector of the member states and foreign partners. We will bolster trust in integration as a whole like that.”
Mikhail Myasnikovich also stressed that the common infrastructure platform, including transport, fuel and energy complex, should be an effective load-bearing structure of the union. The union will develop steadily if joint manufacturing cooperation projects are launched and enterprises are set up, including Eurasian transnational companies. “Joint infrastructure projects and Eurasian transnational corporations will allow achieving the key thing – making the process of integration irreversible and making it require less administrative resources,” the chairman of the Board of the Eurasian Economic Commission is convinced. “The essence of economic policy should contribute to the complementarity of national economy. If there is interest in doing business together, the structure of the Eurasian Economic Union will be steady. Equal business terms, uniform and unconditionally observed technical regulations and legal regulatory measures will not be detrimental to the national sovereignties. On the contrary, they will make positions of our countries stronger. I expect our strong team to work smoothly.”
Mikhail Myasnikovich added it is necessary to improve implementation standards in the Eurasian Economic Commission and the performance of personnel in divisions of the commission. Apart from that, he drew attention to the need to increase responsibility for results of scientific studies and digital economy projects. Mikhail Myasnikovich urged members of the board to pay close attention to preparing projects in the real sector and to stepping up efforts aimed at forming the common financial market of the Eurasian Economic Union. “Practical actions are needed to raise the national economies and improve the prosperity of the citizens thanks to new development trends. It is necessary to listen and hear problems and proposals of the private sector and citizens of the union,” the chairman of the Board of the Eurasian Economic Commission pointed out.
Besides, Mikhail Myasnikovich drew attention to some other problems. In particular, he expressed concern about the goods marking system and about violations in the course of import of merchandise, including those relating to preferential duties. He gave instructions to analyze the problems and make a report soon. “I've accepted the job in order to accomplish key integration tasks. We should act actively and convincingly,” Mikhail Myasnikovich concluded.