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 Belarus PM gives his take on EAEU future | Business news, Belarus | Belarus.by
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26 Aug 2022

Belarus PM gives his take on EAEU future

Belarus PM gives his take on EAEU future

CHOLPON-ATA, 26 August (BelTA) – The EAEU countries should set ambitious goals for the future, Belarusian Prime Minister Roman Golovchenko said at the meeting of the Eurasian Intergovernmental Council in Cholpon-Ata, Kyrgyzstan on 26 August, BelTA has learned.

Roman Golovchenko noted that there was a meaningful discussion on topical issues at the summit on 25 August. According to him, the conversation was frank and sometimes intense, but traditionally constructive. “It is impossible to achieve the goals set by our heads of state in the EAEU Treaty without resolving all the issues, including the uncomfortable ones. A lot has been done so far. Some barriers and obstacles remain, but they are no longer of the prohibitive nature that they once were. The main task that was set at that stage was to create a free market of labor, capital, goods and services. I think that in general it has been accomplished,” he said.

According to the prime minister, the EAEU needs to look into the future now. “We are absolutely right to put the question that if we have a union, not just a trade agreement, then we need to set new ambitious practice-oriented goals, which are aimed at strengthening our independence, not only political, but also technological, industrial and so on,” the head of government said.

Roman Golovchenko opined that the globalization era is coming to an end in the world economy. “It is predicted that both sanctions wars, which are breaking out around the world, and increased tensions between the largest economies will lead to the fact that each economic union will seek to focus the development and production of the widest range of goods on its territory. There will be a gradual reset of technological markets and relocation of production of the most important goods. Thus, we have no other options but to strengthen our own import-independence in order to build innovation economy,” he said.

“As practice has shown, it is impossible to build technological sovereignty on the basis of imported technology and components. It may be cheaper but, as we can see, it is not always strategically justified. Given these factors, I believe that it is much more effective and expedient to solve the problem of achieving technological sovereignty at the level of the EAEU, using the scientific, technological and production potentials of our countries. We talk a lot about it, but it is time to move on to specific programs that will produce tangible results,” the prime minister said.

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