RAU rector`s office term extended by 4 years

ArmInfo.Term of office of the Rector of the Russian-Armenian University, Doctor of Economics. RA  and RF, Professor Edward Martinovich Sandoyan was extended for 4 years. This was announced today by Deputy Minister of Higher Education and Science of the Russian Federation Konstantin Mogilevsky  at the opening ceremony of the International Scientific Conference entitled "Deepening Financial Integration in the EAEU" at the RAU.

According to the RAU press service, in turn, in the welcoming speech  of the Deputy Prime Minister of Armenia Mher Grigoryan, read at the  conference, it was noted that today's forum is a landmark event in  strengthening economic ties between the member states of the Eurasian  Economic Union.  "The issues of forming the main forms of  international cooperation in this area are acquiring not only high  practical, but also scientific value. The development of financial  systems in the EAEU countries is of strategic importance and  contributes to the sustainable economic growth of the Union member  states, promotes the development of international trade, and  increases the competitiveness of our business communities "naturally  creates favorable conditions for investment," Grigoryan's message  said.  Deputy Prime Minister of the Russian Federation Alexey  Overchuk thanked RAU for holding such an important event and  addressing this topic.

"Today our independent states are building a common future together  to fully achieve the freedom of movement of goods, services and labor  that we are talking about in our Union, it is necessary to realize  the freedom of movement of capital, and the formation of a common  financial market has become one of the priority areas of the  declaration on the further development of economic processes within  the EAEU until 2030 and until 2045, which is called the Eurasian  Economic Path, adopted at the end of 2023. The declaration signed by  the leaders of our countries reflects the joint desire to build a  common future of sovereign and independent states. Together we have  all the components to achieve the overall success of the Union. This  year we are celebrating the tenth anniversary of the signing of the  Treaty on the Union, and the Republic of Armenia chairs the bodies of  the EAEU. I would like to thank the leadership of Armenia for its  active position on deepening economic integration in the Union and am  very interested in learning the results of the discussion by the  Armenian expert community on the development of a common financial  market and conceptual documents," Overchuk noted.

"The active support of the governments of Armenia and Russia for the  International Scientific Conference entitled "Deepening Financial  Integration in the EAEU", which opened today at the Russian-Armenian  University, emphasizes the role of RAU in preserving and developing  interethnic, intercultural, interstate and scientific-educational  ties between the two countries," Professor Edward Sandoyan said in  turn.

The co-organizers of the Conference were Peter the Great St.  Petersburg Polytechnic University, the Institute of Economic  Forecasting of the Russian Academy of Sciences, and the Institute of  Economics of the Russian Academy of Sciences. Leading economists from  the Republic of Armenia, the Russian Federation and the EAEU member  countries took part in the Conference. Guests and speakers discussed  the main problems and prospects for financial and economic  integration of the EAEU countries, financial mechanisms and tools for  the development of Eurasian economic integration in the light of  global processes, as well as challenges for financial integration in  the context of fragmentation of the world economy and much more.