Putin Takes Part in Meeting of the Supreme Eurasian Economic Council

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The summit participants will discuss current issues of the functioning of the Eurasian Economic Union (EAEU), prospects for further deepening of integration processes, work to eliminate barriers and restrictions in the union's internal market, and harmonize legislation in finance, among other issues.
Sputnik Africa is live as Russian President Vladimir Putin takes part in a meeting of the Supreme Eurasian Economic Council.
The leaders will also approve the main areas of international activity for 2025 and the organization's budget.
More than 20 documents are being prepared for signing following the summit. Among them is the decision to grant the Islamic Republic of Iran the status of an observer state in the Eurasian Economic Union.
Traditionally, a narrow-format meeting will be held first, where participants will discuss in a closed session the issues of forming a common gas market of the Eurasian Economic Union, as well as common oil and oil product markets, the development of a methodology for calculating the standards for distributing import customs duties between the budgets of the member states of the union, the mechanisms and principles for rotating the positions of members of the board of the Eurasian Economic Commission, as well as Belarus's obligations in the field of state support for agriculture.
Since on January 1, 2025, the chairmanship of the Eurasian Economic Union will pass to Belarus, the president of this country, Alexander Lukashenko, will talk about its priorities at the summit.
The summit will also determine the time and place of the next council meeting.
The meeting was to be chaired by Armenian Prime Minister Nikol Pashinyan, but the day before he wrote on social media that he would not participate in the meeting of the Supreme Eurasian Council due to a positive coronavirus test. In addition to the heads of state of the association, the event will be attended by President of Uzbekistan, Shavkat Mirziyoyev, and a video message from Cuban President, Miguel Diaz-Canel Bermudez, will be broadcast. Both states are observers in the EAEU.
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