Armenia consistently advocates for compliance with fundamental  principles laid down in Treaty on EAEU - vice-premier

ArmInfo. Armenia attaches importance to the interaction of the customs services of the Eurasian Economic Union and the Eurasian Economic Commission in the field of  monitoring the customs declaration of taxable goods. This was stated  by Deputy Prime Minister of the Republic of Armenia Mher Grigoryan at  a meeting of the Intergovernmental Council of the EAEU member states  in Cholpon Ata on August 15.

According to him, such cooperation is an important tool for ensuring  proper control over the cost of goods, which has a direct impact on  the budget revenues of the EAEU countries. "Further formation of  common energy markets of the Union countries and ensuring their  energy security remain a priority for the Republic of Armenia.  Accelerated formation of common energy markets on non-discriminatory  principles of operation should become one of the foundations for  ensuring equal conditions for economic activity for all EAEU member  states," Grigoryan said.

He added that a great deal of work has been done through joint  efforts to form and operate a common market for medicines and medical  devices in the EAEU, which should facilitate the launch of this  common market next year.

The Deputy Prime Minister emphasized that Armenia is considering the  implementation of the digital agenda in the EAEU as another area for  sustainable economic growth. Modern challenges require not only  institutional solutions, but also reliance on technological tools.  "Artificial intelligence and digital technologies are becoming the  most important resource for the formation of new, more effective  models of interaction both in the economic sphere and in corporate  and public administration. In order to optimize business processes in  integrated digital platforms within the EAEU, it is necessary to  carry out coordinated work to improve electronic management systems  and implement cybersecurity mechanisms," the Deputy Prime Minister of  Armenia emphasized.

He noted that the key area of development of the EAEU is the  transport and logistics sector. Diversification of the transport  infrastructure will give an additional impetus to both the export of  goods to third countries and the growth of trade turnover in the  EAEU. In this regard, Grigoryan once again pointed to the regional  project "Crossroads of the World" initiated by the RA government,  which is aimed at creating reliable interconnected transport routes  that ensure sustainable regional development and strengthening  economic ties between all interested states based on full respect for  the sovereignty and jurisdiction of states, as well as the principle  of reciprocity.

"Armenia consistently advocates compliance with the fundamental  principles laid down in the Treaty on the EAEU and expresses  readiness for active interaction with the EAEU member states in the  interests of further development of economic cooperation," the RA  Deputy Prime Minister summarized his speech.