NUCLEAR POWER IN BELARUS AND WORLDWIDE
Economic integration in the CIS is an efficient counterbalance to unfavorable external factors, Chairman of the Executive Committee, CIS Executive Secretary Sergei Lebedev said at the Minsk Business Meetings on 5 November, BelTA learnt from the press service of the CIS Executive Committee.
According to Sergei Lebedev, amid complicated conditions for the world economic development the CIS member states have stayed committed to the course of integration processes, expansion of mutual economic ties and innovative development. “Economic integration in the CIS is an efficient counterbalance to unfavorable external factors,” he stressed.
Multipronged systemic work is conducted in this area. Thus, on 30 October Dushanbe played host to a meeting of the CIS Heads of Government Council which considered a wide range of integration issues in the CIS. The participants of the meeting adopted important documents to step up economic and political cooperation, interaction in humanitarian and social sectors, prevention and mitigation of emergencies and other matters.
It was numerously repeated at the meeting that the free trade regime was a foundation of economic cooperation in the CIS. The parties observe its provisions in general and fulfill its obligations. The CIS member states have launched a process of abolishing withdrawals from the free trade regime and have formed a mechanism of settling disputes. The CIS has also been working on the draft agreements on the free trade in services and the protocol on the rules and state procurement regulating procedures.
The action plan approved by the heads of government in May 2015 to overcome crisis developments is being successfully implemented in the financial and economic sector.
Sergei Lebedev added that the third stage of the CIS economic development strategy would be launched soon. Its period is another five years. This action plan includes all most important areas of economic cooperation. Close attention is paid to the intensification of mutual trade, development of the innovation sector and promotion of the currency and financial cooperation.
