Eurasian Economic Union to benefit general public

MINSK. KAZINFORM - The launch of the Eurasian Economic Union will contribute to the well-being of the population in the member states, BelTA learned from Nikolai Samoseiko, Chairman of the International Affairs Commission of the House of Representatives of the National Assembly, as he commented on results of the latest session of the Supreme Eurasian Economic Council.

As an integration project the Eurasian Economic Union envisages the freedom of trade in merchandise and services, free flows of capital and workforce. "If the integration project is launched from the angle we expect, it will increase the trade turnover, the GDP. No doubt it will increase the wellbeing of citizens," said the MP.

During the session of the Supreme Eurasian Economic Council the presidents of Belarus, Russia, and Kazakhstan confirmed their intention to ink the treaty on founding the Eurasian Economic Union in May 2014 at the latest. Nikolai Samoseiko emphasized that it is important to stay on schedule because doing so will enhance the confidence of regular citizens in the fact that the project to set up the Eurasian Economic Union is moving on, that they will feel the benefits of the Union themselves, BelTA reports.

At the session of the Supreme Eurasian Economic Council President of Russia Vladimir Putin suggested discussing the cooperation of Belarus, Russia, and Kazakhstan with Ukraine in the present conditions. The Customs Union can help Ukrainian partners get out of the complicated situation they are in now. "We have a common history with Ukraine as well as trade and economic ties. We are interested in getting the situation in the country stabilized," remarked Nikolai Samoseiko.