On May 25, President of Kazakhstan Kassym-Zhomart Tokayev took part in a meeting of the Supreme Eurasian Economic Council in Moscow, at which he specified the prospects and opportunities for building up trade and economic cooperation within the EAEU and in the Eurasian space, the press office of the President of Kazakhstan reported.
Addressing the forum, President Tokayev noted that though the global geopolitical realities are affecting the economic situation, the EAEU Member States continue to enhance trade and economic cooperation and demonstrate growth.
The President of Kazakhstan highlighted the need to secure the free movement of goods within the EAEU and facilitate the transit of goods to third countries, which would allow keeping up the pace in boosting trade and economic partnerships. It is also important to expand the markets for goods made by the EAEU Member States. Free trade zones with the United Arab Emirates, India, Indonesia, Egypt and Israel need to be created.
Speaking about the development prospects of the industrial sector, President Tokayev emphasised that Kazakhstan is ready to act as a centre of industrial cooperation in Eurasia.
The transport and logistics sector has an important role to play in strengthening trade and economic interaction within the EAEU. In this regard, the EAEU space has the potential to be a link between Europe, Asia, North and South. It is important to develop the North-South transport corridor, correlating its capabilities with the Trans-Caspian route.
In conclusion, the President of Kazakhstan noted that an anniversary summit will be held next year that marks the 10th anniversary of the EAEU.
