2022 within the first half of the 12 months, Armenia’s mutual commerce with EAEU international locations elevated by 52.5 %. Pashinyan’s speech on the session of the Eurasian Intergovernmental Council – 2024-06-11 19:30:51

by times news cr

2024-06-11 19:30:51

Prime Minister Nikol Pashinyan participated within the prolonged session of the Eurasian Intergovernmental Council in Cholpon-Ata, Kyrgyzstan.

Earlier than the beginning of the session, the heads of governments of EAEU member states participated within the ceremony of issuing stamps devoted to the tenth anniversary of the institution of the Eurasian Financial Fee.

Prime Minister Pashinyan made a speech on the prolonged session, wherein, specifically, he famous:

“Expensive members of the Eurasian Intergovernmental Council,
expensive contributors of the session,

initially, I need to thank our Kyrgyz colleagues and personally Akilbek Zhaparov for the normal heat hospitality and for organizing as we speak’s occasion at a excessive stage.

I sincerely greet the heads of governments of the member and observer international locations of the Eurasian Financial Union, in addition to the contributors and visitors of as we speak’s assembly.

Undoubtedly, the assembly of the intergovernmental council is an efficient alternative to proceed the alternate of concepts on quite a few key points and to develop mutually acceptable options to attenuate the challenges to the worldwide economic system which have gained unprecedented scale and depth in current months.

Regardless of the worldwide financial transformations and important monetary system shocks, because of the benefits of Eurasian integration, a sure constructive pattern is noticed in commerce and financial relations.

On this context, I ought to point out that within the first half of 2022, Armenia’s economic system has ensured a big improve within the quantity of mutual commerce with EAEU international locations. Throughout that interval, mutual commerce with EAEU international locations elevated by 52.5 % in comparison with the identical interval in 2021 and amounted to 1.7 billion USD, whereas Armenia’s exports with EAEU international locations elevated by 48.9 % and imports by 54.2 %.

I ought to be aware that the speed of progress of exports in mutual commerce is greater than the speed of progress of exports of Armenian merchandise to 3rd international locations. I’m assured that additional cooperation can be no much less efficient, together with via the implementation of latest initiatives.

There may be yet one more difficulty to which I wish to draw the eye of my colleagues. In current months, there have been important deviations within the distribution of customs duties because of modifications within the construction of the Union’s international commerce. Primarily based on this, we contemplate it essential to return to the dialogue of the problem of approval of the unified methodology for the distribution of shares within the close to future.

Expensive Colleagues,

as a continuation of the dialogue of the important thing points on the agenda, which began yesterday on the small assembly, I wish to dwell on some points which are related for our Union.

I ought to be aware that the Republic of Armenia attaches nice significance to the formation of a typical fuel market inside the Union and is prepared for a constructive dialogue to achieve a consensus on unresolved points.

From the viewpoint of reaching a whole unified market of products and providers, we contemplate integration within the subject of transport and infrastructure to be essential. With the precise strategy, the transport-logistics sector might be one of many predominant drivers of EAEU growth and turn out to be a aggressive benefit for the union, creating favorable organizational and financial circumstances for transit transportation.

For the development of the transport-logistics complicated of the EAEU, it’s essential to synchronize the financial coverage on the nationwide and supranational ranges and make sure the commonality of the approaches to the design and operation of the mixing infrastructure initiatives.

On this context, I wish to spotlight the lively cooperation with the Eurasian Improvement Financial institution and the Eurasian Fund for Stabilization and Improvement, each within the bilateral format and within the promotion of integration initiatives with a cooperative impact. The creation of latest cooperative chains and using instruments of monetary establishments will function an efficient incentive for the event of business cooperation.

No much less essential consider fixing the issues is using some great benefits of digitalization, which in flip creates a strong foundation for the efficient integration and interplay of the member international locations within the subject of excessive applied sciences. World expertise has clearly proven how important the financial affect of its implementation might be.

The development of digital applied sciences within the subject of economic system and commerce will promote the minimization and even full elimination of current obstacles, which in flip will improve the effectivity of financial ties and scale back prices in commerce and cooperative chains.

I contemplate the event of e-commerce to be one other essential subject. For EAEU international locations, state regulation and management within the subject of e-commerce have gotten an increasing number of related, dictating the necessity to construct a dependable management system with the supply of tax mechanisms in accordance with the most effective worldwide apply of tax administration.

Contemplating the sensitivity of the problem, it’s essential to maneuver promptly with joint efforts within the path of bettering the normative-legal atmosphere of e-commerce.

It’s apparent that measures geared toward growing financial progress are associated to fixing quite a few issues within the fields of schooling, well being care, and social safety, and on this regard, the necessity to strengthen the financial element with social and humanitarian initiatives amongst EAEU international locations turns into paramount.

From this viewpoint, we welcome the holding of the primary youth discussion board of CIS and EAEU. We hope that work with younger individuals will certainly enter the agenda of our group, and the discussion board will turn out to be a contemporary format for involving younger professionals in decision-making processes on the present stage of the event of integration processes. I’m certain that as we speak’s contributors of the discussion board will emerge as new leaders who will form the state coverage of our international locations.

Expensive heads of delegations, in the long run, I wish to thank all of you on your joint work. The Armenian aspect as soon as once more confirms its readiness to cooperate in selling our frequent agenda to be able to make sure the well-being of the residents of EAEU member states.

Thanks for consideration”.

In the course of the session, points associated to the formation of the frequent fuel market inside the Union, the financing of business cooperation, the event of transport integration initiatives, the regulation of the alcohol market and sure points of the tax administration of e-commerce have been mentioned.

In the course of the session, a call was made to carry the subsequent session of the Eurasian Intergovernmental Council in October in Yerevan.

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