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EEC and Cuba, as Observer State at EAEU, form cooperation plans for next three years

EEC and Cuba, as Observer State at EAEU, form cooperation plans for next three years

12/23/2020

Practical aspects of cooperation between the Eurasian Economic Commission and Cuba, with due regard for granting Havana the Observer State status at the Eurasian Economic Union, were discussed by Goar Barsegyan, Director of the EEC Integration Development Department, and Julio Antonio Garmendia Pena, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, during a working meeting held on December 22. The meeting took place at the EEC's headquarters.

On behalf of the Commission, Goar Barsegyan has congratulated the Republic of Cuba on the decision adopted by the Heads of the Member States on December 11 this year during the meeting of the Supreme Eurasian Economic Council, noting that the EEC and the Government of the Republic of Cuba expect an ambitious and active cooperation agenda which will complement the already established cooperation within the Memorandum of Understanding.

"We are delighted to be granted the Observer State status at the EAEU, this decision was enthusiastically welcomed in Cuba. Deepening our cooperation opens up many promising opportunities for developing further interaction, primarily in such areas as trade and economic cooperation and technology exchange," Garmendia Pena said.

During the conversation, the sides paid primary focus to forming the cooperation agenda for the next three years. The draft of the new Joint Action Plan for 2021-2023, containing the EEC proposals, was previously submitted to the Cuban side
through diplomatic channels to include counter-proposals. The agreement on the matter was reached during a
working meeting between Mikhail Myasnikovich, Chairman of the EEC Board, and Ricardo Cabrisas Ruiz, Deputy Prime Minister of Cuba, held in September of this year at the Commission.

"We are ready to promptly explore the counter-proposals submitted by the Cuban side to reach a final agreement on the plan in early 2021 and start its implementation," Goar Barsegyan noted.

The plan will include both general (organizational) issues of cooperation related to arranging the work of the joint commission on interaction and issues of interaction in the areas of cooperation determined in the Memorandum of Understanding as well as issues related to strengthening ties between the business communities of the EAEU and the Republic of Cuba.

The representatives of the EEC and the Republic of Cuba have stressed the importance of establishing contacts between the business circles of the Member States and Cuba. Representatives of the business community will be invited to take part both in the activities of the joint commission
on interaction established in accordance with the Memorandum between the EEC and the Government of Cuba dated May 31, 2018, and in the leading congress and exhibition events on the Eurasian topics being organized in the Member States. This refers to such forums as the St. Petersburg International Economic Forum, the Astana Economic Forum, the Eurasian Economic Forum and others. It was also decided to involve the Cuban partners in events within functioning of the Advisory Board for Interaction between the EEC and the EAEU Business Council.

"It is the creation of favorable conditions for implementing business projects which is one of the main indicators of the successful integration development," Goar Barsegyan noted.

Goar Barsegyan has also informed the Ambassador about the Strategy for Developing the Eurasian Economic Integration until 2025 approved by the Heads of the EAEU States which, besides ambitious plans for developing the Union’s single market and economic integration of the “five” countries, provides for forming the EAEU as one of the centers for developing present-day world. And in the furtherance of this goal, it is planned, inter alia, to form and implement joint action plans of the EEC with the governments of the States that have received the Observer State status at the EAEU.​