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Russia highlights progress of Eurasian Economic Union in 2021

Russia highlights progress of Eurasian Economic Union in 2021

Moscow, Dec 10 (Prensa Latina) Russian President Vladimir Putin on Friday highlighted Kazakhstan's work at the helm of the Eurasian Economic Union (EEU) in 2021, and warned about the challenges that Kyrgyzstan, in charge of the temporary leadership in 2022, will face.
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Addressing the Supreme Eurasian Economic Council, the Russian head of State noted that despite the difficult conditions associated with the Covid-19 pandemic and volatility in the global markets, interaction within the EEU developed very productively.

Putin stated that Bishkek will have “really serious and responsible tasks” ahead of it next year, for which it will count on Russia’s full assistance.

He recalled the founding moments of the Union, how this process was progressing and acknowledged that, despite this difficult period for the world economy, the development achieved shows that the Eurasian integration project was well done.

Putin pointed out that during the nine months of 2021, the volume of trade between the member States exceeded the results of 2019 by 10 percent.

He pointed out that investments, the financial sector and the labor market showed stable dynamics.

He noted that the ministries and economic departments of the countries, together with the Eurasian Economic Commission, actively participate in the identification and elimination of obstacles to the free movement of goods, services, capital and labor.

The Russian president noted that this year the fight against Covid-19 encouraged the EEU countries to strengthen partnerships in the pharmaceutical industry and in the field of medicine in general.

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