Joint anti-crisis solutions and occupation of vacant niches are needed - Mishustin

Belarus (, - The current geopolitical situation contributes to the fact that the producers of the countries of the Eurasian Economic Union actively occupy the vacated niches in the common market. Russian Prime Minister Mikhail Mishustin stated this today, October 21, at a meeting of the heads of delegations of the Intergovernmental Council of the EAEU with Armenian President Vahagn Khachaturian.

“Our manufacturers, I mean Eurasian ones, can occupy the vacated niches, which they are doing now. First of all, in high-tech and knowledge-intensive industries,” the Russian prime minister noted.

The EAEU is ready to cooperate with other states and regional associations, the number of which is only growing, Mishchustin emphasized, pointing out the need to "actively pull up like-minded people, since the EAEU members can overcome any difficulties."

“It is important to continue the implementation of joint anti-crisis solutions. Their detailed list was approved by us in March,” recalled the head of the Cabinet of Ministers of the Russian Federation.

Mishustin expressed confidence that anti-crisis solutions could significantly advance the interaction of the countries of the integration association and mitigate the negative consequences of Western sanctions.

Industrial production in the EAEU has grown by 20% over 10 years. This is higher than in Europe, where the growth was 10%. The unemployment rate in the EAEU last year was less than 5%, which is significantly lower than similar global and European indicators for the specified period, the prime minister stated.

“Gross domestic product per capita (in the EAEU countries) has grown by more than a third. This is higher than the global average,” Mishustin said.

Speaking about the role of Armenia in the development of the EAEU, the Russian prime minister stated that the Transcaucasian republic makes a significant contribution to integration in the Eurasian space. According to him, this year Armenia has become a leader in terms of growth in mutual trade. Its trade turnover with partners in the EAEU for 7 months of 2022. more than doubled compared to the same period last year, and at the end of the figure will be even higher.

As reported by, opening the narrow-format meeting of the EAEU Intergovernmental Council on October 20, Armenian Prime Minister Nikol Pashinyan noted that with the current turmoil in the global economy and violations of supply chains, a confidential dialogue within the union is especially important.

Joint anti-crisis solutions and occupation of vacant niches are needed - Mishustin