Nazarbayev: we need to use the advantages of the EEU

ASTANA, 15 Oct. To mitigate the economic problems need to use the advantages of the Eurasian economic Union, said President of Kazakhstan Nursultan Nazarbayev.

On Thursday, Russian President Vladimir Putin arrived in Kazakhstan with state visit.

“The current drop in the volume of mutual trade turnover is understandable. We know that this is a temporary phenomenon due to the cyclical nature of global development and the loss of prices for our energy exports,” — said Nazarbayev at the enlarged negotiations.

“However, we understand the need to take rapid coordinated action at the national level and in the framework of the EurAsEC. You need to use the reserves to mitigate economic problems, the benefits of creating the Eurasian economic Union,” he added.

The EEU is an international integration economic Union created on the basis of the Customs Union and the common economic space and functioning from January 1 of the current year. Now members of the EEU are Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.

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