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12 Apr 2022

Putin names key tasks for Union State development

Putin names key tasks for Union State development
An archive photo

AMUR OBLAST, 12 April (BelTA) – Russian President Vladimir Putin named major tasks for the development of the Belarus-Russia Union State after the talks with his Belarusian counterpart Aleksandr Lukashenko at the Vostochny Cosmodrome in Russia’s Amur Oblast on 12 April, BelTA has learned.

Among the priorities of the Union State construction the Russian head of state named unification and harmonization of the regulations of mutual trade, elimination of administrative and technical barriers, creation of equal business opportunities for citizens of both countries. “This is exactly what the 28 programs approved by the Supreme State Council on 4 November 2021 are aimed at. Today, Aleksandr Grigoriyevich and I agreed that more than 30% of what was planned until the end of 2021 has already been implemented. For example, approaches to the formation of a single monetary policy, currency regulation and integration of national payment systems have been identified. “We have met our Belarusian friends halfway and provided them with comfortable conditions to service Russian loans. We expect this will contribute to the strengthening of the entire financial sector of the Union State,” the president said.

Speaking about the energy market, Vladimir Putin emphasized that Russia kept the most favorable prices for oil and gas supplied to Belarus for domestic consumption. Payments for them have been converted into Russian rubles, which helps minimize the negative impact of the external situation on the welfare of citizens and industrial enterprises of Belarus, said the Russian leader.

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