Kazakhstan, Astana, Sept. 26 / Trend D. Mukhtarov /
The single market of the Customs Union may serve as a driver for growth, chairman of the board of ECE, Viktor Khristenko said at a meeting of the Supreme Eurasian Economic Council on Wednesday.
According to him, today's meeting of the Eurasian Economic Council at the level of government heads is not only the first for this year, but is also unique. He also noted that the deeper the integration is, the more difficult and complex the issues.
"There are no issues that are impossible to solve. Solutions in the areas of civil aircraft and combine harvesters are an example of how in difficult situations using all the tools incorporated in the Customs Union, it is possible to reach a mutual understanding and compromise," Khristenko stressed.
He also added that the crisis is not over. It goes on, but also in this situation the single market of the Customs Union may serve as a driver for growth.
He stressed that mutual trade for seven months increased by 3.6 per cent.
"It may not be much, but if we compare how the export of non-primary goods to third countries has changed as it fell by 8.6 per cent, it indicates that the single internal market is not only a source of growth, but progress for the manufacturing sector that is very important for the economies of our countries," the chairman said.
Also in his opinion, the removal of barriers and restrictions is not just a tribute to economic freedom, but also the driver for the growth of the economies of both countries.
Kazakh Prime Minister Serik Akhmetov noted in his speech that the outcome of the meeting was the signing of solutions for a number of controversial issues and in his opinion, they are quite important decisions. This document will help the three states to actively develop such sectors of the economy as air transport, agriculture and industry.
Alongside he said that the heads of the governments also approved the results of the application in 2011-2012 of the mechanism of enrolment and distribution of import customs duties. This mechanism has shown its effectiveness and adequacy.
He also expressed satisfaction with the outcomes of the meeting and indicated they intend to pursue a balanced and understandable policy to strengthen the Customs Union and Common Economic Space.
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