At the moment there is an active work, which resulted in a road map to the interface project of the Eurasian economic Union and the economic belt of the silk road can be signed in the first half of 2016, said Chairman of the EEC Board Viktor Khristenko.
MOSCOW, 21 Dec. A road map to the interface project of the Eurasian economic Union (EEU) and economic belt silk road could be signed this year, said Monday the Chairman of the EEC Board Viktor Khristenko.
“Take note of the information associated with our operations for pairing of the projects of the Eurasian economic Union and the draft economic belt of the silk road. In this case, the active work of the governments among themselves and the Commission, I hope that in the first half of next year will be fully coordinated and prepared a “road map” for adapting these two large projects, and in the next year, it will be signed not only from our side but also together with our Chinese colleagues,” — said Khristenko at the meeting of the Supreme Eurasian economic Council (SEEC) in an expanded format.
He also reported that the approved budget of the Eurasian Commission, and taking into account the prevailing trends, he is reduced from original projections by 13%.
The idea of building a new silk road that would connect China with countries of Europe and to strengthen cooperation with Asia and Africa, the President of the PRC XI Jinping put forward in 2013. We are talking about creating a trade corridor for direct delivery of goods from East to West on favorable terms. China expects with this initiative to create a transport network from the Pacific ocean to the Baltic sea, to reduce barriers to trade and investment, to expand the system of settlements in national currencies.
How created the EEU
The Eurasian economic Union (EEU) and economic Union within the Eurasian integration 1 January 2015 is created on the basis of the Customs Union of Russia, Kazakhstan and Belarus. Cooperation in the field of interstate integration in the economic sphere in the post-Soviet space is carried out from late 1990-ies. 26 February 1999 Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan signed the agreement on the Customs Union and the common economic space. Read more in help >>
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