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Joint Statement of Supreme Eurasian Economic Council Members on COVID-19 pandemic

Joint Statement of Supreme Eurasian Economic Council Members on COVID-19 pandemic

4/14/2020

We, Members of the Supreme Eurasian Economic Council,

 given the close political, economic, social and historical ties between our countries,

confirming our commitment to the goals and principles enshrined in the Treaty on the Eurasian Economic Union dated May 29, 2014,

taking into account that coronavirus infection COVID-19 declared as a pandemic by the World Health Organization and characterized as an emergency of international concern, leads to significant reduction of population mobility, complicates trade of goods and services, causes volatility in global financial and commodity markets, creates disintegration risks for global and regional economies,

emphasizing the importance of supporting citizens of our States and collective efforts of the world community to ensure the health and well-being of people amid the COVID-19 pandemic and mitigate the negative effects on the economy,

 expressing determination to join forces for countering this common threat,

declare the following:

We confirm our readiness to continue our united work to eliminate the negative consequences of the COVID-19 pandemic, maintain the achieved level of integration cooperation and further economic development of the Eurasian Economic Union Member States, ensure social and macroeconomic stability in our countries and maintain business and investment activity.

We are convinced that the fight against the COVID-19 pandemic should not lead to the breakdown of established cooperative ties, suspension of international trade and cessation of investment activity.

We urge all States to maintain international cooperation, build confidence, end armed conflicts, trade wars, unilateral financial and economic sanctions and strictly abide by international law.

We stand for the unity of the international community and the stability of the global economy, preserving the principle of free movement of goods, including socially important goods, food, medical equipment and medicinal products and personal protective equipment. The operational and systemic measures taken by our States are aimed at mitigating the impact of the COVID-19 pandemic on economies of our countries’ and ensuring the functioning of a single economic space. We presume that the restrictions introduced worldwide caused by the COVID-19 pandemic are a coercive measure and will be lifted with the removal of threats to human life and health.

As part of the fight against the COVID-19 pandemic, we aim to continue to provide the necessary assistance to each other, strengthen health systems, conduct joint research in the sphere of developing means for prevention, diagnosis and treatment of infections and improve interaction algorithms in responding to epidemics.

We instruct governments, central (national) banks of the Eurasian Economic Union Member States and the Eurasian Economic Commission to take coordinated measures to prevent spreading the coronavirus infection COVID-19, strengthen our economic cooperation, maintain stable functioning of domestic markets, including food markets, support citizens of our states and business to overcome the negative consequences of the COVID-19 pandemic.

We are absolutely sure that the benefits of integration will help our countries and peoples to adequately cope with this global challenge.

President of the Republic of Belarus, Chairman of the SEEC A.G. Lukashenko

Prime Minister of the Republic of Armenia, Member of the SEEC  N.V. Pashinyan

President of the Republic of Kazakhstan, Member of the SEEC  K.K. Tokayev

President of the Kyrgyz Republic, Member of the SEEC S.Sh. Jeenbekov

President of the Russian Federation, Member of the SEEC V.V. Putin