6 Dec 2018 17:01

Kyrgyz president calls for removing barriers obstructing EAEU's development

ST. PETERSBURG. Dec 6 (Interfax) - Barriers that obstruct the Eurasian Economic Union's (EAEU) development should be removed, Kyrgyz President Sooronbai Jeenbekov said.

"Our union has huge potential for the economic development of each country in the Eurasian area that isn't being fully utilized, and the elimination of barriers and restrictions is among the most important objectives for our work in this context," Jeenbekov said at a narrow-format Supreme Eurasian Economic Council session on Thursday.

Member states should be more active in enforcing "four freedoms in the EAEU area: freedom of movement of goods, services, capital, and labor," he said.

"We should support each other and remove obstacles," he said.

Jeenbekov invited his counterparts to discuss "competition in trans-frontier markets" and "analyze measures to curb violations of common competition rules."

In 2019, member states should "work to increase the number of sectors and industries in which a unified economic policy will be pursued and to bolster cooperation in the agricultural sector with the foundation of joint ventures," Jeenbekov said.

"The successful implementation of these plans requires close interrelations between government agencies, the Eurasian Economic Commission, and the business community; a mechanism for implementing joint infrastructural projects should also be set up," he said.

Kyrgyzstan has "repeatedly pointed out the need to broaden the Eurasian Economic Commission's purview," he said.

"I believe the commission should hold relevant events to implement this initiative together with the union's member states," Jeenbekov said.

"Relations with EAEU member states remain an unchanging priority for Kyrgyzstan," he said.

"We are prepared for an open and trusting dialogue, and we expect and call on our partners in the Eurasian Economic Union to work together actively," Jeenbekov said.