Prime Minister Nikol Pashinyan, who is in Kyrgyzstan on a working visit, participated in the regular session of the Eurasian Intergovernmental Council today. The session is held in Ch. In the “Ruh Orda” cultural center named after Aitmatov.

Ch. Prime Minister of Kyrgyzstan Muhammedkali Abilgaziyev welcomed the heads of governments of EAEU member states at the “Ruh Orda” cultural center named after Aitmatov.

After the ceremonial photo-taking ceremony of the Prime Ministers of the EAEU member states, the meetings of the Eurasian Intergovernmental Council session with narrow and extended forms took place.

The Prime Minister of Armenia, as the head of the country presiding over the EAEU bodies, made an opening speech, in which he specifically stated:

“I would like to start my speech by expressing gratitude to the Prime Minister of the Kyrgyz Republic, Muhammedkali Abilgaziev, for the traditional warm welcome and hospitality, as well as for organizing today’s session of the Eurasian Intergovernmental Council at a proper level.

At the small meeting, we already exchanged opinions and decided on the conceptual issues related to today’s agenda. However, I would like to draw your attention to some aspects of the issues we have discussed and which are important for our countries.

Regarding the issue of alcohol market regulation, I consider it necessary to note that the Union countries are generally in favor of removing obstacles in this sector of the economy. It is a primary destination for Armenia and has wide export opportunities in the markets of the Eurasian Economic Union.

We consider it important to make a final decision on the distribution of import duties between the budgets of the member states of the Eurasian Economic Union. This issue has been discussed in our organization for a long time, and it is necessary to resolve it as soon as possible.

We attach particular importance to the creation of the EAEU common financial market. In particular, the “Agreement on Harmonization of the Legislation of EAEU Member States in the Field of the Financial Market”, which should enter into force in 2020, will contribute to achieving that goal. The signing of agreements on the authorization of brokers and dealers of one state to participate in organized trading on exchanges of other member states is also essential in this case. In this regard, we consider it important to provide an opportunity for the exchange of information on the placement and circulation of securities and credit histories in tenders organized in member states.

All the countries of our Union confirm their interest in agreeing on the concept of cross-border information interaction. The implementation of this document will have a positive impact on the implementation of business processes between public and private institutions of the Union countries.

We consider it absolutely appropriate to sign the agreement “On the cross-border movement of hazardous waste through the customs territory of the Eurasian Economic Union”. Implementation of the provisions of this agreement is consistent with Armenia’s priorities in the field of health and environmental protection.

We attach importance so that subjects working in the field of agriculture in our countries have generalized information on the demand and supply of agricultural products in the member states of the Eurasian Economic Union.

Dear friends,

Taking this opportunity, I would like to inform you that in early July of this year, I paid official visits to the Socialist Republic of Vietnam and the Republic of Singapore.

As the EAEU presiding country, we paid special attention to the issues of our organization’s cooperation with these two countries.

The possibilities of expanding trade and economic cooperation and, in particular, the issue of signing a free trade agreement between EAEU and Singapore were discussed.

It was agreed in principle that if the negotiation process is completed on time and the draft agreement is agreed upon, the Prime Minister of Singapore is ready to participate in the meeting of the Higher Eurasian Economic Council to be held in Yerevan, during which the agreement will be signed. In this matter I received the agreement of the leaders of all our countries.

Taking advantage of this opportunity, I would like to appeal to the EAEU member states and the management of the Eurasian Economic Commission, asking them to speed up all the necessary procedures related to the agreement of the draft agreement as much as possible, so that it can be successfully signed on October 1 in Yerevan. Please keep this matter under personal attention.

In accordance with the agreements with the heads of EAEU member states, I have also invited the President of Iran to participate in the session of the Higher Eurasian Economic Council to be held in Yerevan.

I would also like to inform you that from September 30 to October 1, within the framework of the session of the Higher Eurasian Economic Council, an international conference on the topic “Transit potential of the Eurasian continent” will be held in Yerevan.

In this regard, I would like to request you to ensure the widest possible participation of representatives of public and private institutions of your countries in this important event.

Heads of all member states of the Eurasian Economic Union and heads of EAEU partner countries are invited to participate in the conference.

It is expected that during the conference, the current problems of the development of the transport and logistics network of the continent, the prospects of development of new large-scale infrastructure projects by the states of the region and the implementation of already existing projects, as well as issues related to the development of digital corridors of Eurasia will be discussed.

Thank you for your attention.”

The heads of governments of the EAEU member states discussed the distribution of import duties between the budgets of the EAEU member states, the development of the EAEU unified financial market, the creation of a single alcohol market within the EAEU framework, the creation of transnational companies, cross-border information interaction, cooperation in the field of industrial and technology transfer, the signing of the agreement “On the cross-border movement of hazardous waste through the customs territory of the Eurasian Economic Union”, the development of the agro-industrial complex in the EAEU.

As a result of the session, a number of documents were signed, in particular, the order on the distribution of import duties between the budgets of the EAEU member states, the timetable for the establishment of the EAEU unified financial market, decisions and orders aimed at deepening the cooperation between the EAEU member states in the above areas. It is planned that the concept of creation of EAEU unified financial markets will be signed in Yerevan on October 1, within the framework of the session of the Supreme Eurasian Economic Council.

It was decided to hold the next session of the Eurasian Intergovernmental Council in 2019. on October 25 in Moscow.

Then, with the participation of heads of governments of EAEU member states and EAEU President Tigran Sargsyan, a stamp redemption ceremony dedicated to the 5th anniversary of the founding of the Eurasian Economic Union took place.