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Eurasian Economic Union Treaty preparation entering final stage - Putin

October 25, 2013, 3:43 UTC+3
"The process of negotiating the text of the Eurasian Economic Union Treaty is entering the final stage," he said
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MINSK, October 25 (Itar-Tass) - The Eurasian Economic Union treaty is entering the final stage of preparation, Russian President Vladimir Putin said at a news conference after a meeting of the Supreme Eurasian Economic Council.

“The process of negotiating the text of the Eurasian Economic Union Treaty is entering the final stage,” he said.

“We have a general understanding that the Union should pursue a balanced macroeconomic and fiscal policy,” the RF head of state continued. “We also plan closer coordination in matters related to employment and infrastructure development, including the creation of the Eurasian transport and energy networks.”

Putin said that the ‘troika’ countries pay major attention to the establishment of the common market of high-technology products, improving the business and investment climate. “Sustainable growth is inseparably linked with the development of competition. In this connection, we have approved the corresponding model law,” he said, adding that the document is aimed at the convergence of legal regulation in the sphere of ·· competition policy of Russia, Belarus and Kazakhstan.

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