Monday, October 22 2018 13:56

ArmInfo. The countries of the Eurasian Economic Union should develop common mechanisms to prevent possible negative developments in the world economy. The  First Deputy Prime Minister of Kazakhstan, Askar Mamin addressed to  the participants of the third "Eurasian Week", forum which kicked off  in Yerevan on October 22. 

According to him, almost all international financial centers are  paying attention to a close and significant slowdown in the growth of  the world economy. In this situation, the EAEU countries need to take  measures to reduce the impact of negative developments in the global  economy on the countries of the Union. The First Deputy Prime  Minister of Kazakhstan stated that currently the growth of commodity  turnover between the EAEU countries has grown by 15%, and with third  countries - by 23%. "However, forecasts for the future of the world  economy are disappointing, and it is necessary to develop and adopt  general measures in order to minimize negative consequences," Askar  Mamin said.

He also added that Kazakhstan in the World Bank's ranking of Doing  Business ranks 36th in the world, and the task is to enter the top20.  This, according to the Kazakh deputy prime minister, can be achieved,  including by improving the business environment throughout space of  the EAEU.  To note, the third International "Eurasian Week" Forum  began its work in the capital of Armenia today.  The largest Summit  in the territory of the Eurasian Economic Union (EEU) of  representatives of government, regulatory bodies and business will  last until October 24. The focus of the Eurasian Week 2018 is the  creation of a favorable business climate in the territory of the  Union countries, the strengthening of production ties, the  development of export potential, and the creation of attractive  conditions for foreign investors. Among the event's partners are the  Ministry of Industry and Trade of the Russian Federation, Rostec, the  Center for the Development of Promising Technologies, the Eurasian  Partnership Forum, etc..  About 2000 participants and over 150  speakers, including deputy prime ministers and government ministers,  heads of state corporations and business representatives of the EEU  member states, confirmed their participation in the forum.  Participants have been represented from Russia, Armenia, Afghanistan,  Belarus, Hungary, Germany, Georgia, Iran, Italy, Kazakhstan,  Cambodia, Kyrgyzstan, China, Lithuania, Moldova, Nigeria, the  Netherlands, the United Arab Emirates, the United Kingdom, the USA,  Tajikistan, Taiwan, Uzbekistan, Switzerland, Qatar, France,  Argentina, Spain, Ukraine. The program includes over 30 discussion  events. The three-day forum opened with the plenary session "The real  economy of the EEU:  capacity building in the context of  integration," in which under the leadership of Armenia, deputy prime  ministers and ministers of the Union countries take part. Among other  global topics are "Technological breakthrough and potential  opportunities of the EEU countries", "Foreign economic activity of  the EEU as a source of economic growth and a factor of sustainability  in business development", "Using the integration potential of the EEU  for the development of building materials industry". There will also  be round tables on the topics: "Improving the provisions of the  Treaty on the EEU in the field of technical regulation", "Digital  traceability in the EEU: development prospects." In addition, within  the framework of the forum, the final of the competition of  innovative projects "Eurasian digital platforms" will be held.