Eurasian Economic Commission continues preparing economic stability enhancement measures

The Eurasian Economic Commission continues working out measures meant to enhance the stability of economies of the Eurasian Economic Union member states, BelTA learned from Iya Malkina, a spokeswoman of the Eurasian Economic Commission, on 31 March.

Iya Malkina reminded that a high-level working group had been set up by the Council of the Eurasian Economic Commission in order to enable conditions meant to increase the stability of the economies, including macroeconomic stability. The group includes heads of central banks, ministers of economy and finance of the Eurasian Economic Union member states, the chairman of the Board of the Eurasian Development Bank, and the Eurasian Economic Commission’s ministers Ruslan Beketayev, Sergei Glazyev, and Andrei Slepnev.

A list of measures meant to increase the stability of the economies has also been adopted, Iya Malkina said. The list includes 33 measures focusing on four blocks: customs regulations, customs and tariff regulations, non-tariff regulations, protective measures; the domestic market and manufacturing cooperation; financial and currency markets; international economic cooperation with third countries and integration associations.

“It has been decided that the countries will work together with the Eurasian Economic Commission to promptly prepare draft regulatory acts on realizing these measures. The commission will ensure their expedited approval,” Iya Malkina stressed.