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Belarusian prime minister calls for common industrial policy in Common Economic Space

June 12, 2013, 22:40 UTC+3
He also called to award a special status to products and services produced in the Customs Union
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MINSK, June 12 (Itar-Tass) - Belarusian Prime Minister Mikhail Myasnikovich said on Wednesday a model law on the industrial policy of the Union State of Russia and Belarus and the Common Economic Space was needed.

“It is necessary to work out another model law, that on the industrial policy,” he said at a roundtable meeting Eurasian Economic Perspective.

According to Myasnikovich, Belarus has a positive experience of management by objective. “It proves that a common industrial policy is needed in the Union State and the Common Economic Space,” he stressed. But, regrettably, this process is going downwards in the Common Economic Space, he noted. First, it had a common industrial policy, then an agreed policy, and now it has only coordinated industrial policy. “I think it is wrong,” he said.

He also called to award a special status to products and services produced in the Customs Union. “I suggest we introduce the notion of a commodity made in the Common Economic Space and specify its criteria,’ Myasnikovich noted.

He also said it would be expedient to form a common wholesales electricity market. “At the same time, it is necessary to fix common hydrocarbon prices to ensure equal business conditions on the wholesale market,” he added.

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