Globalization perspectives, further development of the SCO, BRICS and the EAEU – this and many other topics were discussed at the International Economic Forum that brought together heads of states and governments, heads of world’s leading companies and experts in Saint Petersburg. More than 12,000 specialists and visitors from 130 countries took part in the event. Several sessions were devoted to the projects of European and Eurasian integration.

 

TATIANA VALOVAYA, EEC INTEGRATION AND MACROECONOMICS MINISTER:

 - Kazakhstan chaired the EAEU last year. The main agenda was the expansion of trade-economic cooperation with the third countries and their regional associations. This is the main agenda for the upcoming years as well. Cooperation with the EU is very important.

 

The Chinese project ‘One Belt – One Road’ triggered the most vivid discussions. This is not surprising because the Eurasian region accommodates 150 states with three quarters of the world’s population. Kazakhstan will play a role of the key transit hub in the projects of the EAEU and the Silk Road integration, experts say. According to analysts’ estimates, 1,200 cargo trains out of 1,700 going from China to Europe pass through Kazakhstan’s territory.

 

STEFAN FULE, ANALYST:

 - Everyone who looks at the world map understands the importance of Kazakhstan. We build bridges, political and economic bridges. Kazakhstan will have to build a bridge between large projects, this is a double integration. What Kazakhstan does starting from the highest level, the expert potential that you have and the work that has been done – all these will be very useful for this project’s success.

 

TATYANA VALOVAYA, EEC INTEGRATION AND MACROECONOMICS MINISTER:

 - Kazakhstan is actively participating in this project. In fact, this project was announced on the territory of Kazakhstan. We believe that sooner or later Eurasia should become a continent of common economic space. Therefore, we need to develop these three dimensions

 

Forum participants also discussed the prospects of the CIS economic development, the Eurasia region’s infrastructure development, smart energy and the digital economy.

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