The Armenian side prioritizes the full implementation of the project “Strategic Directions for the Development of Eurasian Integration by 2025” , Prime Minister Nikol Pashinyan said at the siting of the Eurasian Intergovernmental Council.

This document is aimed at bringing the levels of economic development of the member states closer, expanding the spheres of economic cooperation, and improving the institutions of the Eurasian Economic Union’s regulatory sphere, he said.

“The mechanisms for the formation of common markets without barriers and restrictions mentioned in this document are an important factor for the practical establishment of the four freedoms, the cooperation of our national economies and the level of competitiveness,” the Prime Minister stressed.

[embedded content]

He noted that the implementation of the document will serve to strengthen the Union’s reputation in the world, and will undoubtedly contribute to the growth of its investment and innovative attractiveness.

“The need to create equal, non-discriminatory conditions of competition in all sectors of the Union’s economies remains a key issue for us. That is why we believe that it is necessary to pursue a coordinated energy policy to develop the common markets for oil, oil products, gas, as well as the common market for electricity,” PM Pashinyan stated.

In this regard, he added that the adoption of an international agreement on the EAEU common gas market will be of great importance. It envisages the implementation of common approaches to pricing and tariff setting in the EAEU common gas market, including common tariffs for services provided by natural gas monopolies.

Armenia PM highlights formation of common EAEU gas marketArmenia PM highlights formation of common EAEU gas market

The Prime Minister highlighted the creation of a single market for construction services. “The adoption of an action plan in this area is an important step in that direction. In the context of the envisaged measures, it is possible to develop an international agreement within the EAEU on mutual recognition of the professional qualifications of the leading technical personnel in the field of construction.”

“Finally, I would like to address the issue of providing tariff benefits for goods and services from developing, less developed countries. I consider it necessary to immediately review the list of countries using the common system of tariff privileges. It must be made in accordance with our own standards,” Nikol Pashinyan said.

He reiterated ’s readiness for active cooperation in favor of further development of Eurasian integration.

Read original article here.