Creating a common financial market is of fundamental importance to the Eurasian Economic Union (EAEU), said Armenian Prime Minister Nikol Pashinyan at a briefing following the meeting of the Eurasian Intergovernmental Council in the Kyrgyz Cholpon Ata.
Armenia is currently chairing the structure.
Thanking colleagues for their constructive and productive work, Nikol Pashinyan noted that a total of 15 issues have been discussed, many of which have been summed up with an agreement, which will help prepare the foundation for the next meeting of the Supreme Eurasian Economic Council.
According to him, the issue of coordinating the draft regulation of the alcohol market within the EAEU is on agenda. The document is aimed at removing obstacles in the mutual trade in alcohol products and creating conditions for preventing barriers within the union, he said.
“I hope that we will be able to reach a deal,” Pashinyan noted.
Another issue is aimed at expanding mutual trade. The decision provides for the publication of joint forecasts for the development of the agro-industrial complex and the balance of demand and is proposed for agricultural products, food, raw materials - fiber and wool for 2019-20. This information will allow manufacturers to better navigate the EAEU markets and plan their strategy more efficiently, he added.
The Prime Minister also noted the development of a schedule for the formation of a common market until 2025.
According to him, the creation of a common financial market is of fundamental importance for further improving the integration association and strengthening ties between the EAEU member states.
