Friday, April 14 2017 14:30

ArmInfo.ESEC efficiency mainly depends on coordinated and joint work of state entities, EEC and business. Such an opinion was stated by President Serzh Sargsyan  on the margins of the Session of the Eurasian Supreme Economic Council. 

The President's speech particularly reads  the following: "The  shaping of our common economic area and its development for the  second year in a row is taking place in a complex global economic  situation which is manifested in the decreasing tempo of the global  economic growth and geopolitical convulsions. All this on one hand  creates certain problems for the full-fledged functioning of our  Union, on the other hand it opens new opportunities for a closer  cooperation of our countries. 

 Under these conditions, the concerted steps taken by our countries  allowed the member state to stabilize to some extent the situation,  to achieve the macroeconomic stability through the assistance to some  areas and branches, which has translated into the tendency of growth  in some countries in the areas of industrial and agricultural  production. In particular, in 2016 the gross domestic product  indicators in Armenia showed positive dynamics; there was registered  the increase of activities in the production, agricultural, and  service areas. Armenia's turnover with the EAEU countries grew by  more than 15%, and the export of the Armenian goods to the Eurasian  market grew by 65%. There was registered the increase of the turnover  with third countries as well. 

 Our countries have similar goals for development which we, in  particular, see in the introduction of industrial innovations, high  technologies in the area of agriculture, digitalized economy, and  renewable sources of energy. It is also important to make concerted  efforts aimed at the implementation of the mutually beneficial  cooperation programs. We have two main objectives: First, to fortify  the Union from within, further liberalize our common economic area  through the elimination of the barriers, reduce exemptions related to  the free move of goods, services, capital, and labor. Second  objective is the amplification of the EAEU's international  engagement. These two objectives complement each other and affect the  efficiency and international standing of the Organization.

From the viewpoint of further strengthening of the international  standing of our integration union, we attach great importance to the  invigoration of the EAEU cooperation with the third countries which  are ready for a true partnership, and with pivotal integration units.  In 2016, issues of cooperation with Iran, China, India, Egypt and  some other countries were discussed in a constructive spirit. Armenia  is interested in securing these agreements legally, particularly with  the Islamic Republic of Iran with which we have pragmatic, mutually  beneficial, and good neighborly relations. 

 From this point of view, we assess positively the cooperation  process between the Eurasian Economic Commission and European  Commission as an important factor for the promotion of a dialogue  between the two integration unions which will be conducive for the  exchange of experience, exploration of the avenues for integration  and cooperation, and a harmonious, complementary and mutually  beneficial development.

The efficiency of the EAEU is also dependent on the smooth and  coordinated works of the state bodies of the member states, Eurasian  Economic Commission, and business circles. With this regard, we  expect that the Eurasian Economic Commission, within the scope of its  authority, will provide proposals on the resolution of the problems  facing the Union. We also view as important the creation and  publishing by the Eurasian Economic Commission in cooperation with  the state bodies of the member states of the so called White Book  which will present by consent of the parties 60 barriers existing  within the Union's market. I hope that the road map for their  elimination with the proper timetable will be created soon.  Armenia   will continue to implement the preset programs aimed at thwarting  the negative tendencies present in the global economy, promoting  sustainable development, including through the utilization of the  integration potential of the Union," Armenian president said.