On 26 April, Multilateral interministerial consultations of the CIS member countries “On deepening and expanding the prospects for integration processes in the sphere of mutually beneficial economic cooperation” took place in Yerevan.

Representatives of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Turkmenistan, Uzbekistan and the CIS Executive Committee took part in the consultations.

The participants of the meeting discussed questions regarding the deepening and expanding the prospects for integration processes in the sphere of mutually beneficial economic cooperation of the CIS. Representatives of foreign policy agencies spoke in favor of continuing the work to determine the prospects of further economic cooperation of CIS member countries, taking into account the activities of inter-state integration associations within the Commonwealth.

During the consultations the interactions related to the integration of economic processes in the CIS space, in particular to the activities of the CIS and the Eurasian Economic Union in the context of economic cooperation were also discussed.  The participants of the consultations concluded on the Memorandum on deepening interaction between the CIS Executive Committee and the Eurasian Economic Commission signed on November 27, 2018.

At the same time, the importance of further development of the cooperation in the areas of foreign trade, digital economy, customs regulation, transport and the efficient use of transit potential, energy, public procurements, consumer protection, tax policy and administration, competition policy and antitrust, veterinary and phytosanitary measures was underlined.