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Armenia to spare no effort to reinforce integration within EAEU - PM
2019-04-30 17:39:56

During its presidency of the Eurasian Economic Union, Armenia will spare no effort to reinforce the positive dynamics of integration and seek new mechanisms and ways of cooperation, Armenia’s Prime Minister Nikol Pashinyan said at the regular sitting of the Eurasian Intergovernmental Council.


Among the most important integration directions the Prime Minister pointed to the creation of common gas and oil markets and gradual formation of a common energy market.


“We attach special importance to the diversification of the Union's external economic ties,” PM Pashinyan said, adding that “Armenia is ready to make all efforts to expand the geography of free trade agreements and search for new partnerships.”


 The Prime Minister noted that participation in the Eurasian economic Union is among the Armenian Government’s priorities. He briefed the attendees on the “radical changes” taking place in Armenia related to nearly every aspect of public life.


“The Armenian Government is implementing large-scale reforms aimed at creating a competitive and technologically advanced economy based on the common principles of equality, justice and rule of law,” he stated.


The head of government presented the achievements in the fight against corruption, creation of equal conditions for economic entities and reinforcement of independence of the judicial authorities, cutting the shadow economy, tax reforms and tax administration.


“Today, Armenia is a dynamically developing country characterized by political stability and predictability,” he said.


The Prime Minister stressed that the government’s priorities comply with the philosophy behind EAEU.  


“As a result we view our membership in the Union as one of the tools for achieving the government’s goals and as one of the most important factors for ensuring economic growth,” Nikol Pashinyan said.


He hailed the growth of commodity turnover between Armenia and EAEU member states.


President of the Eurasian Economic Commission Tigran Sargsyan, Russian Prime Minister Dmitry Medvedev, Belarusian Prime Minister Sergey Rumas, Kazakh Prime Minister Askar Mamin and Kyrgyz Prime Minister Mukhammedkalyi Abylgaziev participated in the sitting.