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The chairman of the EEU’s Eurasian Economic Commission talks about the trade bloc’s past, present, and future.

I believe there is huge potential for the economic growth in Eurasia, which has not yet been explored. And I think that the main tool that could greatly stimulate the economic growth in our countries may be this supranational institution which has been created. Because our main mission is to be able to summarize the best practices that have been accumulated in the countries, and basing on them, international experience, experience of the European Union we will have to introduce these new supranational institutions, which will stimulate the economic growth in our countries. The axiomatics which lie at the heart of our Treaty on the Union is as follows: If we create the common economic space, we will remove barriers, exemptions and restrictions, create conditions for the free movement of goods, services, capital, and labor, which alone will ensure great potential for the economic growth.

The EEC Chairman: We need to create powerful modern clusters in the EAEU countries In August 2016, Kyrgyzstan celebrated the first anniversary of accession to the Eurasian Economic Union. The Alliance, new for Eurasia, aims to unite the economies of the member countries, to increase the economic potential of the region. Business Eurasia talks with the Chairman of the Eurasian Economic Commission Tigran Sargsyan on the development of the Union and Kyrgyzstan in it.

Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan told the TASS News Agency about the negotiation process with China on trade and economic cooperation, as well as the prospects for further integration of EAEU member countries.

Acceleration of global processes can reformat global economic relations and lead to a new global division of labour and competencies. The Chairman of the EEC Board Tigran Sargsyan told TASS how the integration within the EAEU is able to respond to global economic challenges.

On May 29, two years have passed from the date of signing of the Treaty on the Eurasian Economic Union (the EAEU). The Chairman of the Board of the Eurasian Economic Commission Tigran Sargsyan told to Kazakhstanskaya Pravda newspaper what the integration association is today and what was changed for citizens and business of the EAEU with its establishment.

In recent decades, the most important changes in the world economy were determined by two key processes - globalisation and regionalisation. The financial crisis, which then transformed into the crisis of globalisation, has become a catalyst for regional integration worldwide.

Dear colleagues, On this festive evening, I would like to say a few things. It might be that not all of them will be in line with the easy style of congratulation address. Still, I believe it to be useful. It is the custom not only to celebrate with friends but to discuss serious and sometimes painful issues with them, too. However, I shall try to be as short-spoken as possible and maintain a positive attitude.

The current crisis has added a wide range of difficulties to the economic agenda: one day it's national currency fever, another day the domestic market protection policy duties are in a mess, then there are exacerbated disputes over commodity headings, even between close partners. In this context, some people began to talk about the "doubtful necessity" of the integration. Is it really all such doom and gloom? Ogonyok magazine got the lowdown from the Chairman of the Board of the Eurasian Economic Commission, Viktor Khristenko.