The Supreme Eurasian Economic Council Summit participants - RA Prime Minister Nikol Pashinyan, RF President Vladimir Putin, Kazakhstan President Kassym-Jomart Tokayev, Kyrgyz Republic President Sooronbai Jeenbekov, IRI President Hassan Rouhani, Moldova President Igor Dodon and Eurasian Economic Commission Board Chairman Tigran Sargsyan – today visited the Tumo Center in Yerevan, where the Transit Potential of the Eurasian Continent international conference is being held on these days.

The Prime Minister thanked the forum participants for fruitful work and expressed hope that they were enjoying their stay in Yerevan and Armenia.

“I fully support the idea of holding events like this on the margins of Supreme Eurasian Economic Council meetings. This is a wonderful undertaking, and we agreed to hold similar forums annually in EAEU-presiding countries’ capital cities,” Nikol Pashinyan said.

Then Prime Minister Nikol Pashinyan read out the text of the Declaration, which was adopted as a result of the forum:

“The participants in the Transit Potential of the Eurasian Continent forum, which is dedicated to the main issues of development and deepening of Eurasian integration, noting the need for the full implementation of the transit capabilities of the Eurasian Economic Union (EAEU), which in a historically short time has become a full-fledged subject of the world economy;

noting that the cooperation of the transit opportunities of the EAEU countries has given an additional impetus to deepening economic cooperation on a completely new basis and has become an important tool for the further development of the economic association;

attaching particular importance to the development of sustainable and efficient transport links, North-South and East-West transport corridors, and in this regard, the deepened cooperation of the EAEU with neighboring countries and regional associations, including through transnational projects, hereby declare that they:

• consider the comprehensive development of economic relations with external partners and associations as one of the key components of the effective functioning of the EAEU and one of the important factors in the development of the transit potential of the entire Eurasian continent,

• support the efforts of the EAEU member states who continue to implement a coordinated transport policy aimed at creating a common transport services market and the consistent and phased formation of a single transport space based on the principles of concreteness, openness, security, reliability, accessibility and in accordance with international environmental standards.

• state with satisfaction that the EAEC is actively negotiating with interested partners on the implementation of priority infrastructure projects within the pairing the EAEU and the Silk Road economic belt, which will create modern logistics centers and hubs on international transport corridors, increase the transit potential of the EAEU member states as well as the competitiveness of international routes passing through the territories of the EAEU members.

• note that the establishment of active trade, economic and institutional cooperation between the EAEU and UN organizations and structures, the Association of Southeast Asian Nations, the Organization for Economic Co-operation and Development, the SCO and the CIS will lead to the efficiency of transit and logistics processes throughout the whole of Eurasia.

• note that the development of free trade and the improvement of the investment climate can become the drivers of the region’s transit potential to create free trade zones between the EEU members and Singapore, Iran, Vietnam, laying the fundamental foundation for the development of supply chains and principles of a market economy.

The Forum participants welcome the creation of formats for cooperation in the CIS, an example of which is a memorandum on creating cooperation between the EAEU and Moldova, which has observer status. Such formats play an important role in new institutional relations, which will be important for the development of trade and the transit potential of the parties.

The Forum participants welcome the efforts of the EAEU members aimed at the consistent implementation of the concept of creating an ecosystem of digital transport corridors of the EAEU until 2025, which provides for the creation of transport and logistics and information services based on advanced digital technologies and platform solutions that ensure effective interaction between carriers and cargo owners.”

Then the top-ranking guests got acquainted with the Tumo Center’s activities, which were introduced by Tumo Director Marie Lou Papazyan.