ID :
159789
Wed, 02/09/2011 - 17:41
Auther :
Shortlink :
http://m.oananews.org//node/159789
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Customs Union has proved effective - opinion
ASTANA, February 9 (Itar-Tass) -- The Customs Union of Belarus,
Kazakhstan and Russia has already proved its effectiveness, Kazakhstan's Prime Minister Karim Masimov said in an exclusive interview with Itar-Tass.
"The Customs Union has already yielded an effect, since reciprocal
trade turnover between Russia and Kazakhstan, between Russia and Belarus and between Belarus and Kazakhstan increased in 2010. Still the potential of this development has not been fully tapped," Kazakhstan's prime minister holds. He also noted that "since all the three countries - Russia, Kazakhstan and Belarus - are on the way of accession to the WTO, the opportunities of the Customs Union give us a better chance to prepare for this more competitively." Noting that the Customs Union had "already showed its effectiveness", Masimov emphasized the importance of the work to create the Common Economic Space by 2012. "There will certainly be pits and bumps on this road, and it will take skillfulness of all the three governments to pass through them. I personally believe that this offers a big opportunity and a very good chance for our countries to pass this period and to progress," the premier said.
Questions to be settled stem, above all, from the fact that each
country used to pursue its own domestic macroeconomic policy." "This
applied to tariff formation, to taxation, social welfare and so on. In
order to ensure equal competitiveness, equal conditions on the territories of the three countries we should unify these processes, including tariff formation and subsidies," Masimov said. He pointed out that there would certainly be difficulties on this road. "First, there will be discontented ones, those who will lose some of their incomes. They will try to agitate public opinion; this is inevitable. And another thing, it is surely very important to pursue an effective social policy to settle questions of the socially vulnerable sections of the population on the territories of all the three countries, which will require additional outlays from the budget," the premier holds. These difficulties, however, should be overcome since "we are all interested in enhancing the competitiveness of our economies. "If we fail to achieve this, if we don't take this path, our future will be not so cloudless," Masimov said.
Kazakhstan and Russia has already proved its effectiveness, Kazakhstan's Prime Minister Karim Masimov said in an exclusive interview with Itar-Tass.
"The Customs Union has already yielded an effect, since reciprocal
trade turnover between Russia and Kazakhstan, between Russia and Belarus and between Belarus and Kazakhstan increased in 2010. Still the potential of this development has not been fully tapped," Kazakhstan's prime minister holds. He also noted that "since all the three countries - Russia, Kazakhstan and Belarus - are on the way of accession to the WTO, the opportunities of the Customs Union give us a better chance to prepare for this more competitively." Noting that the Customs Union had "already showed its effectiveness", Masimov emphasized the importance of the work to create the Common Economic Space by 2012. "There will certainly be pits and bumps on this road, and it will take skillfulness of all the three governments to pass through them. I personally believe that this offers a big opportunity and a very good chance for our countries to pass this period and to progress," the premier said.
Questions to be settled stem, above all, from the fact that each
country used to pursue its own domestic macroeconomic policy." "This
applied to tariff formation, to taxation, social welfare and so on. In
order to ensure equal competitiveness, equal conditions on the territories of the three countries we should unify these processes, including tariff formation and subsidies," Masimov said. He pointed out that there would certainly be difficulties on this road. "First, there will be discontented ones, those who will lose some of their incomes. They will try to agitate public opinion; this is inevitable. And another thing, it is surely very important to pursue an effective social policy to settle questions of the socially vulnerable sections of the population on the territories of all the three countries, which will require additional outlays from the budget," the premier holds. These difficulties, however, should be overcome since "we are all interested in enhancing the competitiveness of our economies. "If we fail to achieve this, if we don't take this path, our future will be not so cloudless," Masimov said.
