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Tatiana Valovaya: “The dynamic development of integration processes can lead to the formation of the Trans-Eurasian economic partnership”

Tatiana Valovaya: “The dynamic development of integration processes can lead to the formation of the Trans-Eurasian economic partnership”

11/29/2016

Tatiana Valovaya, Member of the Board – Minister in charge of Integration and Macroeconomic Policy of the Eurasian Economic Commission.

participated in a discussion in Laxenburg (Austria) about the directions of further development of cooperation between the European Union, the Eurasian Economic Union (EAEU), other integration associations and countries of the Eurasian continent.

The discussion was held at the seminar “EU-EAEU in greater Eurasia: long-term agenda for the economic cooperation” with the participation of representatives of the EEC, EU, the Eurasian Development Bank, research organizations and research institutes in Austria, Great Britain, Hungary, China, Russia, Ukraine, France, Finland, Switzerland, and the United States.

Tatiana Valovaya stated: “Despite the complexity of the situation when the dialogue on the economic cooperation takes place, the movement towards the common market and economic space within the EU and the EAEU could bring substantial benefits for all. The negotiations started between the EAEU and China on the preparation of agreements on trade and economic cooperation will be a major step towards the formation of the Trans-Eurasian economic partnership.”

The seminar participants discussed a wide range of issues on trade policy, migration, development of transport infrastructure and energy, economic effects of integration. The need to build institutional interaction between the European Commission and the Eurasian Economic Commission was emphasized.

 

For Reference

The seminar “EU-EAEU in greater Eurasia: long-term agenda for the economic cooperation” was the final one in the first phase of the project “Challenges and opportunities for the economic integration within the Eurasian space”, implemented by the International Institute for applied systems analysis (IIASA).

The International Institute for Applied Systems Analysis (IIASA) was founded in 1972. Today its activities are focused on applied researches on global issues that cannot be resolved at the level of an individual state or academic discipline.