Gross: punishment against Russia create good rules for the development of the EEU
Gregory Dubovitskii. Anti-punishment create good rules for the development of the Eurasian economic Union (EEU), the Minister for integration and macroeconomics EEU Tatiana Valovaya.
The EU and the US amid deteriorating relations with the Russian Federation in connection with the situation in Ukraine in the summer of last year imposed a punishment against a number of sectors of the Russian economy. In response, Russia has restricted the import of food items from countries that have introduced in relation to penalties: USA, EU, Canada, Australia and Norway.
"If American companies do not have the opportunity for certain reasons to come to the Russian Federation, they have the opportunity to come to Kazakhstan, Armenia and Belarus and to get access to the same markets," said gross, the "round table" development of the EEU in the U.S. capital.
according to the comments of the Minister, the situation will give American companies a greater awareness about the countries participating in the EEU, except the Russian Federation, which is beneficial to the development of this Union.
"Oddly enough, on this side of punishment can have a very positive impact on Eurasian integration processes," she added.
Gross also said that the return of unilateral punishment of the Russian Federation against the West are pushing the country is going to more closely coordinate their actions and to create an overall effective measures given the lack of economic borders that " no one is going to reset.
Russia, Belarus and Kazakhstan signed in may 2014 in Astana the EAEC Treaty, which entered into force on 1 January 2015. The second of January is going to be joined by Armenia, may assume the accession of Kyrgyzstan. The development of the EEU displays the participating countries of the former Customs Union whose total GDP accounted for 85% of GDP in the CIS countries with a higher level of integration. Thus, the forming of the largest common market in the CIS, which will become a powerful new center for economic development.
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