The EEU financial market concept to be a subject of discussion in Yerevan on April 26

Almaty. April 11. Silkroadnews – The process to design the concept of the formation of the common financial market of the Eurasian Economic Union (EEU) is planned to be a subject of discussion for the regular meeting of the advisory committee on financial markets at the board of the Eurasian Economic Commission (EEC) in Yerevan on April 26, the committee’s press service said.

“Discussion on further progress on the concept of the formation of the EEU common financial market will be held at the meeting of the Advisory Committee on Financial Markets at the EEC Commission in Yerevan (the Republic of Armenia) on April 26”, the statement says.

It is reported that representatives of national banks, ministries and departments of the union member states’ financial and economic bloc have discussed the formation concept at the round table held in Almaty.

The EEC council members have made a decision to develop the concept. As soon as the work is competed the concept will be submitted for consideration by the Supreme Eurasian Economic Council.

The document is expected to specify the mechanism to achieve the goals set by the EEU agreement on establishment of a common financial market, including the legal framework, timelines, tools to support the market formation, define the key directions on building a common financial market and determine the outlines for market infrastructure development.

Summarizing the results of the round table held in Almaty the parties, as a whole, agreed on the structure of the future document.