Putin: interest in cooperation with the EAEU show about 50 countries

Putin: interest in cooperation with the EAEU show about 50 countries

BEIJING, may 15 — RIA Novosti. Interest in cooperating with the Eurasian economic Union (EAEU) are about 50 countries in Europe, Asia and Latin America, said on Monday Russian President Vladimir Putin.

“Confidently expand external relations of the community. Interest in working with him appear about 50 countries in Europe, Asia, and Latin America,” Putin said at a meeting of the “round table” on the second day of the forum “One belt and one road”.

He noted that negotiations on the agreement on trade-economic cooperation of the EEU and China on free trade with Israel, reached an agreement on launching consultations with Egypt, Iran, India, Serbia and Singapore.

According to the Russian leader, in 2015, the decision was made to combine integration within the EEU and project for the creation of an economic belt “silk road”.

“Overall, we are talking about the so-called big Eurasian partnership. We are talking about the establishment of multilateral cooperation with the countries of the Eurasian economic Union, Shanghai cooperation organization and the Association of South-East Asia. Meant to create a system of bilateral and multilateral agreements on simplification of regulation in areas such as customs, sanitary and phytosanitary control, industry collaboration and investment, protection of intellectual property rights”, — Putin said.

He noted that forming such partnerships is a long and painstaking process, involving different depth, speed and level of integration, but to do this is extremely important as ultimately this will go on formation of uniform economic space from the Atlantic to the Pacific ocean.

As Putin said, Russia pays great attention to the development of the EEU Association during the past year has achieved serious successes in the development and strengthening of the common market. According to the Russian President, the activities of the EAEU has greatly offset the impact of unfavorable market conditions on the economy of the States parties.