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President of Kazakhstan urges to quickly implement joint EAEU projects

«We need real projects and concrete results. To do this, it is necessary to speed up the completion of joint projects of the EAEU countries, as well as initiate new investment projects,» the President of Kazakhstan Kassym-Jomart Tokayev said at a meeting of the Supreme Eurasian Economic Council.

According to him, the sanctions confrontation is unprecedented in its essence and consequences.

In February 2022, the leader of the Republic of Kazakhstan proposed to create a high-level working group to develop economic measures to ensure sustainability of the economies of the Eurasian five states. The working group has been created. A package of operational measures has been developed, which are being implemented, and there are results.

«But we must understand that the current geopolitical situation will be long-term. We have to be ready for this. It is necessary to strengthen cooperation in business, to improve our high-speed transcontinental corridors, ensuring their regional and global competitiveness. I propose to pay special attention to creation of comfortable conditions for relocation of foreign companies, taking into account the sanctions context. Even the world’s giants are well aware of the advantages of the geo-economic location of the EAEU, and it is also impossible to ignore the potential of our 180 million consumer market. I propose to implement these measures within 12 months,» Kassym-Jomart Tokayev said.

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