Vladimir Putin: Cooperation development within the scopes of EurAsEC can provide economic stability and further growth in the region

Cooperation development within the scopes of EurAsEC is one of the effective means to provide economic stability and further growth in the region. This statement has been made by the head of Russian government Vladimir Putin during the International EurAsEC Council Meeting held in Moscow.

Cooperation development within the scopes of EurAsEC is one of the effective means to provide economic stability and further growth in the region. This statement has been made by the head of Russian government Vladimir Putin during the International EurAsEC Council Meeting held in Moscow.

Developing the topic, Vladimir Putin underlined that Russia advocates the policy of integration process acceleration. “First of all it concerns the formation and beginning of real work of Customs union within the scopes of EurAsEC. It is very important for us today to encourage mutual commodity flows, joint investment projects and industry cooperation and thus to maintain working places and open new markets for our businessmen”, - said in his speech Russian PM.

Talking about the perspectives of mutual cooperation within the scopes of EurAsEC Vladimir Putin expressed his belief that “our countries (EurAsEC member-states, soyuz.by remark) the economics of which are closely connected with each other can overcome the period of crisis more effectively mainly if working together. And not only overcome but also to use the today’s situation for the competitive growth and efectivization of our economics”.

Summarizing the results of the EurAsEC International Council meeting a range of agreements has been signed on governmental level. It concerns the agreement on encouragement and mutual investment protection in member-states of Euroasian Economic Community and the agreement on basic principles of Euroasian Economic Community member-states currency policy on regulation and control of the operations connected with capital flow. Besides, a number of agreements has been signed in different spheres of Euroasian Economic Community member-states cooperation.