Russia Wants To Create A ‘Greater Eurasian Partnership’

Russia advocates the establishment of the Greater Eurasian Partnership with the participation of the Eurasian Economic Union, ASEAN, the Shanghai Cooperation Organization, “possibly other entities”. This was stated by Russian Prime Minister Dmitry Medvedev at the summit in Bangkok of the Association of Southeast Asian Nations, TASS reported.

The leaders of the union unanimously supported this idea in May 2016 at the ASEAN Russia-ASEAN Summit in Sochi, Medvedev noted. According to him, in the long term, the new partnership will make it possible to coordinate major integration and infrastructure projects.

Moscow accepts the premise that the partnership must be built on mutual respect and the principle of mutual benefit that it will be open to all interested parties, the Russian PM added.

Russia has already taken a step in this direction, he noted, recalling the signed memorandum of understanding on economic cooperation between the Eurasian Economic Commission and ASEAN. The Eurasian Economic Union has concluded free trade agreements with Vietnam and Singapore, is negotiating with other countries of the Association, and the Eurasian Economic Commission has signed cooperation documents with Cambodia, Thailand and Indonesia, said Dmitry Medvedev.

Read More

Airbus To Lay Off Over 2000 Employees

Airbus will cut 2362 jobs in its defense and space division by the end of 2021 due to stagnation of the space market...

Egypt And Bulgaria Sign Tourism Agreement

Egypt and Bulgaria secured and agreement to join hands in strengthening and expanding the tourism sector between the two countries.

Foreign Video Game Companies Have Started Investing Heavily In Bulgaria

While our country expects a Japanese carmaker to invest here, Japan is already investing in the IT sector. Georgi...

Recent

Fibank’s Request For Cap Hike Rejected By Bulgarian Authorities

Bulgaria's Financial Supervision Commission (FSC) said that it has rejected the capital increase prospectus of local lender First Investment Bank (Fibank) .

5% Growth For Bulgarians Travelling Abroad

The trips of Bulgarian citizens abroad in February 2019 were 396.6 thousand or 4.5% above those registered in February 2018, NSI reported.

Hotel Investment Continues In Bulgaria

Marriott International is on track to have the tallest hotel in Sofia, Bulgaria, under its eponymous brand when the property opens in 2020. The...