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26 March 2024, 18:25

Snopkov: Barriers, exemptions impact trade, exports

MINSK, 26 March (BelTA) - Barriers and exemptions are what prevent trade and export development, Belarusian First Deputy Prime Minister Nikolai Snopkov said as he met with Maksim Yermolovich, member of the Board (Minister) for Competition and Antimonopoly Regulation of the Eurasian Economic Commission (EEC) on 26 March, BelTA has learned.

The parties discussed regular supplies to the countries of the Eurasian Economic Union and the participation of Belarusian enterprises in government procurement. The main guideline is to make the common market of the Five more open to all. For this, it is necessary to eliminate all kinds of national exemptions, ensure access and competition on an equal footing.

“Knowing your experience, background and drive to achieve results, we hope that you, within your mandate in the EEC, will bring a new impetus to the development of the Eurasian Economic Union. We hope that things you are talking about will get further development,” Nikolai Snopkov said.

According to him, barriers and exemptions are what prevent trade and export development. “Barriers and exemptions are not a smart move within the EAEU. Today they prevent the normal movement of goods within the union. This weakens the EAEU institution, which, as our president says, can be one of the world’s most powerful political and economic integrations today,” the first deputy prime minister emphasized.

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