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The EEC and the Andean Community General Secretariat signed a Memorandum of Understanding

The EEC and the Andean Community General Secretariat signed a Memorandum of Understanding

3/30/2017

The Memorandum of Understanding between the Eurasian Economic Commission and the Andean Community General Secretariat was signed by the Member of the Board - Minister in charge of Integration and Macroeconomics of the EEC, Tatyana Valovaya, and the Secretary-General of the Andean Community, Walker San Miguel Rodriguez, on March 23, 2017. 

“The Andean Community is the first regional integration economic union, with which the Eurasian Economic Commission signed a Memorandum of Understanding,” Tatyana Valovaya noted. “It will not only facilitate experience sharing, but also finding new opportunities for economic development. I’m sure, given the history of integrative construction of our unions, we will do well to learn from each other.

The Memorandum provides a platform for information exchange and joint activities - conferences, forums, seminars, round tables with the participation of representatives of business communities, expert communities and the authorities of the EAEU and the Andean Community Member States.

Tatyana Valovaya invited the Secretary-General of the Andean Community to visit the EEC headquarters and to participate in the St. Petersburg International Economic Forum in June 2017, where a traditional section on Latin American matters is held. 

For his part, Walker San Miguel Rodriguez supported the EEC initiative on holding an International Conference on Integration on the UNCTAD platform, to participate in which they plan to invite representatives of all the key regional integration associations. 

The content of the signed Memorandum can be found at: http://docs.eaeunion.org/docs/ru-ru/01413381/ms_29032017​

For Reference
The Andean Community of Nations is a regional social and economic commonwealth of Latin American countries, which includes Bolivia, Colombia, Ecuador, and Peru. It was established in 1969. The purpose of the Community is to promote the development of the participating countries through their integration and social and economic cooperation; facilitating economic growth and employment; creating Latin American common market.