Friday, February 25 2022 13:49
Naira Badalian

Armenia`s premier calls for measures to reduce impact of West-imposed  sanctions 

Armenia`s premier calls for measures to reduce impact of West-imposed  sanctions 

ArmInfo. Prime Minister Nikol Pashinyan and the Heads of Government of the EEU member states met with the President of the Republic of Kazakhstan Kassym-Jomart Tokayev.

The President of Kazakhstan welcomed the heads of delegations of the  EEU countries and expressed hope that the sitting of the Eurasian  Intergovernmental Council in Nur-Sultan will be fruitful.

In his speech, Prime Minister Pashinyan, in particular, noted that  the President of Kazakhstan was right in noting that today's sitting  coincides with the drastic aggravation of the geopolitical situation.  "It is obvious that we are in a sensitive period, in sensitive  geopolitical tectonic processes, and in this context, of course, the  Eurasian Economic Union is an important format to develop the  economies of our countries.

"Of course, it is obvious that sanctions will have a clear impact on  the economic climate in the Eurasian region, and in this regard, we  need to discuss what operative decisions we should make to minimize  these negative consequences and if possible, bypass them by taking  appropriate steps.

"You are right. The results of 2021 are quite positive for the  Eurasian Economic Union, because, in fact, last year was already a  crisis year, but the total volume of trade and economic ties within  the EEU, trade turnover has increased, which is quite a positive  signal for all of us," the Prime Minister of Armenia said.

"Nikol Pashinyan stressed that there is a potential for expansion of  the Eurasian economic region. "There are observer states with which  we cooperate quite effectively. There is also some interest from  other countries to strengthen ties with the Eurasian Economic Union.  I think this is a generally positive process, and I hope that the  Eurasian Economic Union, we all will succeed in implementing a policy  that in the current situation will strengthen the EEU as an economic  platform, will continue to give impetus to the development of the  economies of our countries," PM Pashinyan said.