News

07.06.2024

Sergei Glazyev at SPIEF-2024: “The EAEU does the groundwork for creating the integration framework of the Greater Eurasian Partnership”

Current challenges of economic interaction between the Greater Eurasia countries, practical implementation of the “integrating integrations” concept and filling the unifying agenda in Eurasia were discussed by participants of the session “The Greater Eurasian Partnership as a New Pole of Growth: Potential and Prospects” held on June 6 as part of the 27th St. Petersburg International Economic Forum. Sergei Glazyev, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, took part in the session.

“The EAEU development as one of the economic centers of the Greater Eurasian Partnership is recorded among the priority objectives of the Declaration on Further Development of Economic Processes within the EAEU until 2030 and for the period until 2045,” Sergei Glazyev stated. He also noted the EAEU's contribution to forming the “integration framework” of the GEP, speaking about the development of interaction with the ASEAN, SCO and other structures in the region.
In terms of the GEP concept's functionality, Sergei Glazyev singled out several key areas, including the creation of a fair system of currency and financial relations, the formation of a common exchange space, joint transport infrastructure and an information security system.

“The Greater Eurasian Partnership is becoming the basis for forming a new world economic order,” Sergei Glazyev summarized.
During the session, Khan Sohail, Deputy Secretary General of the SCO, noted that the dialogue between the SCO and the EAEU develops on a constructive and mutually respectful basis and contributes to synchronizing integration efforts to form a multipolar world order.

During the discussion, their vision of the prospects for implementing the Greater Eurasian Partnership concept was presented by Alexander Pankin, Deputy Minister of Foreign Affairs of the Russian Federation; Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation; Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs; Konstantin Zatulin, First Deputy Chairman of the State Duma Committee of the Federal Assembly of the Russian Federation for CIS Affairs, Eurasian Integration and Relations with Compatriots, Karin Kneissl, Head of the SPbU GORKI Centre, and Nenad Popovic, Minister of the Government of the Republic of Serbia.