MINSK, 26 June (BelTA) - The Eurasian Economic Union (EAEU) is not only functioning, but is also making success, Belarusian President Aleksandr Lukashenko said at the plenary session of the Eurasian Economic Forum “Strategy of Eurasian Economic Integration: Results and Prospects” in Minsk on 26 June, BelTA correspondent reports.
This year Belarus is presiding in the EAEU bodies, Aleksandr Lukashenko stressed. The Eurasian Economic Forum is the union’s largest open discussion platform.
“There are representatives of more than 30 countries here today. I am sure that the exchange of views held during the day and the one that will still follow will be useful for the further development of the EAEU,” the president said.
The EAEU has already marked its 10th anniversary. Contrary to skeptics, the association showed the ability to find mutually acceptable solutions and working compromises, the head of state said. “It is not only functioning, but is also making success in all basic parameters,” Aleksandr Lukashenko said.
The president cited several indicators. Over 10 years, the mutual trade in the EAEU has more than doubled and foreign trade has increased by 37%. The total GDP of the Union grew by almost 18%, industrial production by 30%, agricultural output by 25%, freight turnover by 10%, investment by more than 40%. The unemployment rate has almost halved to 2.8%.
“Eurasian business has fully experienced the advantages of duty-free cross-border trade and the application of uniform rules of law and unimpeded settlements in national currencies. An important achievement for our citizens is the possibility of free employment in the EAEU. The Union has launched the digital service “Work Without Borders”, ensured equal rights in pension provision, recognition of educational documents,” the Belarusian leader said.
The Eurasian Economic Union has observer countries on different continents. The EAEU concludes trade agreements. “This means that both the EAEU international footprint and functionality are expanding,” the head of state added.
Follow us on:
