Russian President Vladimir Putin has opened the meeting of the Supreme Eurasian Economic Council, in Saint Petersburg, Russia, RIA Novosti reports. The meeting began in a narrow format and will then continue in an expanded format.

On Monday, participants plan to discuss current matters related to the EAEU’s activities, set guidelines for further deepening integration processes and developing the EAEU’s single market, as well as approve a number of important documents and decisions.

Putin emphasized that Russia highly values mutually beneficial, multi-layered cooperation with its EAEU partners and is sincerely interested in intensifying joint work with the aim of comprehensively strengthening this union. Armenian Prime Minister Nikol Pashinyan is also taking part in the meeting.