On February 15th, 2018 the Working Group for the creation of a Common Economic Space from Lisbon to Vladivostok was welcomed for its 8th meeting in the Board Room of the Eurasian Economic Commission. The Minister for Integration and Macroeconomics, Tatiana D. Valovaya opened the session and stressed the importance of open and constructive dialogue between the EU and the EEU. Luis Portero, head of the Economics and Trade Department of the Delegation of the European Union to the Russian Federation shared the European position, setting out for a practical common approach to topics such as technical regulation.
The working group’s taskforces presented their results on visa issues, technical regulation and a common transport market. In addition, the working group will form a task force on digitalization and IoT; in this regards the German-Russian Initiative on Digitalization (GRID) was presented by representatives from the German Chamber of Commerce and the Ost-Ausschuss (German Committee for Eastern Economic Relations), while SAP gave an overview on the challenges and opportunities for cooperation in the field of digitalization.
More than 50 participants from business associations and companies originating from different European countries, such as the Ost-Ausschuss (German Committee for Eastern Economic Relations) and RSPP (Russian Union of Industrialists and Entrepreneurs), Siemens or Kuehne+Nagel, and diplomats from different countries of the EU and the EEU attended the meeting, as well as numerous specialists of the Eurasian Economic Commission.
Bosch Russia and Knorr-Bremse signed the Memorandum for the creation of a common economic space.
The gathering marked a historical point of successful cooperation, which will hopefully be prolonged in the future with support of both the Eurasian Economic and the European Commission.