Thursday, October 14 2021 18:06
Alina Hovhannisyan

Pashinyan: Formation of the common energy market of the EAEU is a  prerequisite for the full realization of the potential of economic  integration

Pashinyan: Formation of the common energy market of the EAEU is a  prerequisite for the full realization of the potential of economic  integration

ArmInfo.The issues of the formation of common markets for electricity, gas, oil and oil products in the EAEU are categorized as systemically important. Prime  Minister of Armenia Nikol Pashinyan stated this on October 14 at a  meeting of the Supreme Eurasian Economic Council (SEEC).

In particular, he noted that the formation of common sectoral markets  in the energy sector is not just a task to fulfill the provisions of  the agreement on the creation of the EAEU, but a necessary condition  for the full realization of the potential of economic integration.

The prime minister stressed that this predetermines the complexity of  the process of agreeing on the principles and mechanisms of the  functioning of this market, which implies taking into account the  different possibilities and interests of countries in the energy  sector.