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Each new decision in CIS should be based on economic feasibility, Alexander Lukashenko says

Today Minsk is hosting a meeting of the heads of governmental delegations of the Eurasian Economic Union and the Commonwealth of Independent States. Taking part in the events is also the President of Belarus.

Alexander Lukashenko said that each new decision of the CIS countries must be based on economic feasibility. This is one of the key themes of current agenda in the economic downturn, which is felt worldwide, including by integration associations. The latter, according to the Belarus head of the state, must bring real benefits to the peoples.

Alexander Lukashenko, President of Belarus:
Each new decision should be based on economic feasibility and financial return. In recent years, we have been constantly experiencing problems with the completeness of the budget of the CIS bodies. I believe that one reason for this is the lack of so-called innovative ideas and outstanding results in the areas of the Commonwealth's interaction. Hence the decline of interest in the Commonwealth itself, and it shows in one of the main factors - financing. We need ambitious goals. We are looking for common points of economic growth, based on the principles of production, investment and scientific cooperation.
Our scientists see cooperation in the exploration and use of outer space for peaceful purposes as one of the factors in the development of scientific and technical and innovation potential of the CIS member states. The basis of this interaction could be a large joint space project, implemented by pooling the resources of the CIS countries in order to obtain significant scientific, practical and economic results. An important area is to fill the internal market with strategic raw materials, including energy. We need to update and mutually coordinate national energy programs of our countries, we need energy cooperation, introduction of new technologies, and increase in the share of alternative energy.

In the context of the Eurasian Economic Union the states parties, according to the President, should not be stuck in the implementation of the agreements reached. For example, the EEU has earlier set clear deadlines for the elimination of exemptions, barriers and trade restrictions. There are about 600 of them now. However, for now the situation is not the most encouraging. The parties are far behind schedule on some points.

Tigran Sargsyan, Chairman of the board of the Eurasian Economic Commission:
We have developed a "White Book", in which we have set out in detail the barriers, exemptions and limitations that exist today in our country and which prevent the creation of the single market. This document has been sent to the government. And we think that a detailed discussion of the prepared document will allow us to clearly determine what steps we can take to move forward to remove all barriers and constraints existing today.

Each new decision in CIS should be based on economic feasibility, Alexander Lukashenko says