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09.06.2009

MINSK, June 9 (BelTA) – Under present-day conditions the EurAsEC countries should remove all existing interstate barriers and exclude application of protective measures in the mutual trade, Prime Minister of Belarus Sergei Sidorsky told reporters in Minsk before leaving for Moscow to participate in the session of the EurAsEC Interstate Council on June 9. Putting restrictions in the mutual trade during the crisis would only exacerbate the situation in the production cooperation and undermine regular payments between the EurAsEC economic agents, Sergei Sidorsky stressed. The stance of the Republic of Belarus has always been for creating favourable conditions to expand the mutual trade between the EurAsEC member-states. The issue topping the agenda of the forthcoming session is the implementation of the joint measures to overcome the consequences of the global economic downturn in the EurAsEC countries. In the session in December 2008, the EurAsEC Interstate Council approved the joint measures to overcome the consequences of the global financial crisis. The sides have elaborated an action plan on the implementation of the aforesaid measures. Unfortunately, the coordination of the action plan took half a year, the Belarusian Premier stressed. Major difficulties arose in coordinating the use of the EurAsEC national currencies in the payments and as the regional reserve currencies, and also the coordinated policy to support the domestic food market. The Belarusian side considers that the lack of such an important mutual commitment of the EurAsEC member-states in the action plan as the obligation “to refrain from imposing temporary protective measures in the mutual trade” will come to naught all the efforts to coordinate the policy of the EurAsEC countries in the part of supporting the domestic market, the Premier added. In this respect the EurAsEC’s major goal is to remove all existing interstate barriers and exclude the application of protective measures in the mutual trade between the EurAsEC countries. Belarus is going to offer the Council for Financial and Economic Policy to set up task groups on coordinating joint measures and undertake prompt actions in order to implement them. БЕЛТА

Written by belta.by