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Economy
27 November 2018, 15:31

PM: Belarus in favor of fair competition in Eurasian Economic Union

Sergei Rumas
Sergei Rumas

MINSK, 27 November (BelTA) - Belarus is in favor of fair competition in the Eurasian Economic Union, Belarus Prime Minister Sergei Rumas said at a meeting of the Eurasian Intergovernmental Council in Minsk, BelTA has learned.

“I would like to reiterate that Belarus remains committed to the integration and is willing to build a full-fledged economic union based on the principles of fair competition and four freedoms (free movement of goods, services, capital and workforce),” Sergei Rumas said.

According to him, the heads of government of the EAEU member states discussed key sensitive areas of cooperation. “Not all discussions have been smooth. Some disagreements still remain. Naturally, every state tries to defend its national interests. However, we see the main thing in the negotiations: everyone's determination to make our union stronger,” Sergei Rumas noted.

Mutual trade in the EAEU has been on a steady increase in the past two years. The Belarusian head of government considers it a good result. The Belarusian PM believes, however, that the economic potential of the EAEU member states is much higher, therefore, the countries still have a lot to do to implement the agreements and fulfill the obligations.

According to Sergei Rumas, the EAEU member states will continue working on the development of the union, new common markets and sectors to secure wider freedom of the movement of goods, services, capital and workforce.

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