Bishkek, Oct. 14, 2021. / Kabar /. President of Kyrgyzstan Sadyr Zhaparov delivered a speech at a regular meeting of the Supreme Eurasian Economic Council (SEEC) via videoconferencing.
The press service of the Kyrgyz president said that in his speech Sadyr Zhaparov noted that the Eurasian Economic Union is the most important regional integration association with an increasing potential for rapprochement between member states and ensuring sustainable development. Among other things, he called on his colleagues to take joint practical measures to harmonize the regulatory framework on the protection of the domestic market and import substitution to prevent possible shortages of food products and ensure complementarity.
He also stressed the need to jointly work out real instruments aimed at bringing economies closer together and creating balanced conditions for the development of the Union countries.
In addition, the president noted the increase in poverty caused by the consequences of the coronavirus pandemic due to falling incomes, unemployment and a significant gap between the economies of the Union member states.
“To solve this problem, we need a systematic and meaningful study of mechanisms and target programs for the development of catching-up economies of the member states, aimed at converging the incomes of the population and leveling our economies,” the head of state emphasized.
He also stressed the importance to continue to make every effort to maintain stability and strengthen the economies of the countries.
Following the meeting, a number of draft acts were approved and a statement was adopted on economic cooperation between the EAEU member states within the framework of the climate agenda.
The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
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