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Russian President Vladimir Putin: The development of the Eurasian Union should strengthen its connection with the “Belt and Road” initiative

Russian President's Press Secretary: It's too early to talk about the details of the meeting between Russian and American leaders

△Russian President Putin (Photo Source: Russian President's Website)

The meeting of the Supreme Council of the Eurasian Economic Council, the highest authority of the Eurasian Economic Union, was held online on December 11.

△Video conference diagram

Russian President Putin said at the meeting that the Eurasian Economic Union has taken a series of steps to realize the idea of building a “Greater Eurasian Partnership” in the fields of security, economy and humanities.

The development of cooperation between the Eurasian Economic Union and other national and regional integration organizations is crucial. At this level, first of all, it refers to “the connection between the Eurasian Economic Union and the famous China Belt and Road Initiative”.

In addition, during Russia’s presidency of the Shanghai Cooperation Organization, the Eurasian Economic Commission signed a memorandum of understanding with the Shanghai Cooperation Organization secretariat.

These measures have played a positive role in creating a good atmosphere of partnership and cooperation on the Eurasian continent.

The Eurasian Economic Union was established in 2015 and its member countries include Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia.

The goal of the alliance is to achieve the free movement of goods, services, capital and labor within the alliance by 2025, and to promote coordinated economic policies.

On the same day (December 11), the 2020 meeting of the Supreme Council of the Eurasian Economic Commission agreed to accept Uzbekistan and Cuba as observer states of the Eurasian Economic Union.

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