Investment integration needs improvement in CU states - Glazyev

Date: 17:04, 13-11-2014.

Almaty. November 13. KazTAG - According to Sergey Glazyev, advisor of Russian President on Eurasian integration it is necessary to improve investment integration in the Customs Union's states, reports the KyrTAG news agency.

"There is necessity to increase investment integration in the CU states. The first years of work of the union of Kazakhstan, Russia, Belarus have shown correctness of the choice. The mutual trade has grown up by 40%. This effect has weakened lately. It is necessary to shift to the next stage, increase investment integration. Thus, it is necessary to create the Eurasian Economic Union which will create a uniform financial market, give an opportunity to open joint industrial enterprises," said Glazyev at the conference "Economic security of Kyrgyzstan: risks and opportunities".

In his words integration will start within the EEU since January 1.

"It's important for Kyrgyzstan. Because migrants from Kyrgyzstan basically work in Russia, while the EEU will create equal rights for labor to all the participants of the union. It is necessary to conduct integration in the education branch. For example, a student from Kyrgyzstan will have no need to confirm his diploma on arrival to Russia in order to take a worthy post," he said.

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