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EAEU intending to create Eurasian brands

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“We must focus on global integration projects that would create Eurasian brands and help promoting our goods at the third countries’ markets”. This was stated by the Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan speaking in Moscow at the plenary session of the XIII International Conference “Eurasian Economic Integration”.

The participants of the annual event arranged by the Eurasian Development Bank discussed the challenges and prospects for Eurasian integration.

Tigran Sargsyan noted that over the years of its existence the Eurasian Economic Union (EAEU) has proved its solidity and efficiency notwithstanding its young age. Next year, the EAEU countries will celebrate the fifth anniversary of signing the Treaty on the Union.

The EEC observes the increase in mutual trade, improvement of its structure, and strengthening of cooperation ties. “This shows that implementing main principles enshrined in the Union’s treaty has positive results for the Union’s economic growth. The Commission assesses the potential of this effect as about 1% of Gross National Product’s annual growth”, – highlighted the Chairman of the EEC Board.

A solid achievement of the EAEU is the third countries’ increasing interest in developing and deepening trade and economic cooperation with the Union. “This proves that the EAEU has established itself as a genuine integration association”, – believes Tigran Sargsyan.

Recently, the EEC has entered into a number of memoranda in Singapore: a memorandum of understanding with the ASEAN and a memorandum of cooperation with the Government of the Kingdom of Thailand. The Commission expects to sign a similar document with MERCOSUR. In May 2018, trade and economic agreements with China and Iran were concluded. The work is ongoing on international tracks approved by the Heads of the EAEU States in order to create free trade areas with Egypt, India, Israel, Singapore, and Serbia. Five rounds of negotiations with Singapore were held. Tigran Sargsyan expressed his hope that in 2019 it would be possible to enter the home stretch on the issue of creating an FTA with the Republic.

“Concluding FTA agreements with these countries is a serious potential for inducing economic growth in our States, and ramping up exports to these countries’ markets. It also means the possibility of additional investment attraction”, – reported the Chairman of the EEC Board.

Tigran Sargsyan also named the problems to be solved with a view to promote Eurasian integration. In his opinion, they are related to “under-integration” within the Union’s space. There are obstacles inhibiting the implementation of the “Four Freedoms” principle, and these must be removed. This is exactly the task the Heads of the Member States set for the EEC.

“Obstacles result from uncoordinated actions. Therefore, the States must pursue agreed policies. Such trends in global economy as protectionism, protection of domestic manufacturers, trade wars are unacceptable in our Union”, – stressed Tigran Sargsyan.
These agreed policies are underlain by harmonization of national legislations, in particular, in financial sphere. Upon instruction of the Presidents, national and central banks of the participating countries are developing the Concept of the EAEU common financial market.

The Chairman of the EEC Board also mentioned the necessity to form Eurasian brands similar to “Airbus” project in the European Union. “We need to launch such large-scale cooperation projects with the participation of all the partners within the Union, which would enable us to hold ourselves out as a united entity in relation to third countries”, – he stated.

The Commission is actively working over creation of a Eurasian brand in jewelry branch, as the Union countries have relative advantages in this field. The work is under way on forming a Eurasian brand in lighting engineering. The EAEU Digital Agenda is being implemented, which encompasses all the areas of activity of the participating countries. About 30 initiatives – major digital projects – are now being examined by the EEC Digital Office, some of them to win funding in 2019.

The Chairman of the EEC Board mentioned that the Commission was interested in cooperation under such projects with the EADB. “The key role in financing such global integration projects may belong to the Eurasian Development Bank”, – reckons Tigran Sargsyan.

Due to increasing demand in the EAEU countries for settlements in national currencies, the Chairman of the Board of the Eurasian Development Bank Andrey Belyaninov proposed to develop the Eurasian system of financial messaging. “For further promotion of settlements in national currencies within the Eurasian space we need to create a Eurasian financial messaging system using our “regulatory sandboxes” capabilities, – he said.

The Chairman of the Accounts Chamber of the Russian Federation Alexey Kudrin considers the EAEU’s task on deepening relations between the participating countries, eliminating barriers, forming common standards and new regulation models, in particular, within the financial market, to be an element of integration.

Whereas the Eurasian integration heavily relies upon its largest economy – the Russian economy, the Russian Federation shall, as a country creating the market for all countries, drive up rates of economic growth, remove barriers and enable the participants from the Union countries to access public procurement. “At this point, Russia shall sometimes make a compromise, then it will provide the impetus for the Union’s development”, – Alexey Kudrin believes.

The plenary session was also attended by the Deputy Minister of Finance of the Russian Federation Sergey Storchak, the Deputy Chairman of Vnesheconombank – Member of the Board Andrey Klepach, the Deputy Chairman of the Board of JSC “Development Bank of Kazakhstan” Dmitry Babichev, and the Dean of the Faculty of World Economy and International Affairs at the National Research University Higher School of Economics Sergey Karaganov.

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Making Globalization Work: Climate, Inclusiveness and International Governance Top Agenda of the WEF 2019

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The World Economic Forum Annual Meeting 2019 will take place on 22-25 January in Davos-Klosters, Switzerland. The meeting brings together more than 3,000 leaders from business, government, civil society, academia, arts and culture, and media, as well as the foremost experts and young leaders from all over the world.

Convening under the theme, Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution, the purpose of the meeting is to identify new models for peace, inclusiveness and sustainability to suit a world where further global integration is inevitable and where existing models of global governance struggle to foster concerted action among the world’s powers.

“This fourth wave of globalization needs to be human-centred, inclusive and sustainable. We are entering a period of profound global instability brought on by the technological disruption of the Fourth Industrial Revolution and the realignment of geo-economics and geopolitical forces. We need principals from all stakeholder groups in Davos to summon the imagination and commitment necessary to tackle it,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

The programme of this year’s Annual Meeting expands on the theme in depth and breadth across more than 350 sessions, nearly half of them webcast. Sessions are organized in a series of global dialogues:

A global dialogue on geopolitics in a multiconceptual world to enable candid and constructive discussion on how to drive future cooperation along with a global dialogue on peace and

A global dialogue on the future of the economy to better reflect the structural changes inherent in the Fourth Industrial Revolution, and achieve sustainable growth and long-term societal well-being

A global dialogue on industry systems and technology policy to define the principles for new and emerging technologies to ensure that they are underpinned by a values-based framework

A global dialogue on risk resilience to promote systems thinking to radically improve our collective management of the key environmental systems and to ensure adequate digital cybersecurity

A global dialogue on human capital and society to revisit the notion of work and well-being and to move away from consumption and materialism to a more humanistic focus.

A global dialogue on institutional reform to rethink the global institutional frameworks that emerged in the 20th century and adapt them to ensure relevancy for the new political, economic and social context

Top political leaders taking part are: Ueli Maurer, President of the Swiss Confederation 2019 and Federal Councillor of Finance of Switzerland; Shinzo Abe, Prime Minister of Japan; Jair Bolsonaro, President of Brazil; Angela Merkel, Federal Chancellor of Germany; Wang Qishan, Vice-President of the People’s Republic of China; Giuseppe Conte, Prime Minister of Italy; Pedro Sanchez, Prime Minister of Spain; Barham Salih, President of Iraq; Mohammad Ashraf Ghani, President of the Islamic Republic of Afghanistan; Sebastian Kurz, Federal Chancellor of Austria; Ivan Duque, President of Colombia; Abiy Ahmed, Prime Minster of Ethiopia; Leo Varadkar, Taoiseach of the Republic of Ireland; Benjamin Netanyahu, Prime Minister of Israel; Faiez Al Serrag, Prime Minister of Libya; Mark Rutte, Prime Minister of the Netherlands; Jacinda Ardem, Prime Minister of New Zealand; Erna Solberg, Prime Minister of Norway; Rami Hamdallah, Prime Minister of the Palestinian National Authority; Martin Alberto Vizcarra Cornejo, President of Peru; Paul Kagame, President of Rwanda; Cyril M. Ramaphosa, Prime Minister of South Africa; Yoweri Kaguta Museveni, President of Uganda; Nguyen Xuan Phuc, Prime Minister of Viet Nam; and Emmerson Mnangagwa, President of Zimbabwe.

Leaders from International Organizations include: Antonio Guterres, Secretary-General, United Nations; Michelle Bachelet, UN High Commissioner for Human Rights; Patricia Espinosa Cantellano, Executive Secretary, United Nations Framework Convention on Climate Change (UNFCCC); Kristalina Georgieva, Chief Executive Officer, World Bank; Filippo Grandi, United Nations High Commissioner for Refugees; Roberto Azevedo, Director-General, World Trade Organization (WTO); Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development (OECD); Christine Lagarde, Managing Director, International Monetary Fund (IMF); and Jens Stoltenberg, Secretary-General, North Atlantic Treaty Organization (NATO).

Leaders from civil society are: Yasunobu Aihara, General Secretary, Japanese Trade Union Confederation (Jtuc-Rengo); Sharan Burrow, General Secretary, International Trade Union Confederation (ITUC); Winnie Byanyima, Executive Director, Oxfam International; Jennifer Morgan, Executive Director, Greenpeace International; Denis Mukwege, Founder, Panzi Foundation, 2018 Nobel Peace Laureate; Kenneth Roth, Executive Director, Human Rights Watch; Marco Lambertini, Director-General, WWF International; Delia Ferreira Rubio, Chair, Transparency International; Maria Ressa, Chief Executive Officer and Executive Editor, Rappler.com; Elizabeth H. Shuler, Secretary-Treasurer and Chief Financial Officer, American Federation of Labor and Congress of Industrial Organizations (AFL-CIO); Peter Sands, Executive Director, The Global Fund to Fight AIDS, Tuberculosis and Malaria (GF); Debbie Stothard, Secretary-General International Federation for Human Rights (FIDH); and Luca Visentini, General Secretary, European Trade Union Confederation (ETUC).

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Is Haiti better prepared for disasters, nine years on from the 2010 earthquake?

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Half a capital city destroyed, 220,000 reported dead and 1 million residents displaced. This was the toll of the 2010 Haiti earthquake, which struck on 12 January, nine years ago.

Staff at the UN Mission in Haiti were also affected, and there were 102 UN casualties, including the Secretary-General’s Special Envoy, Hédi Annabi and his deputy, Luiz Carlos da Costa. It was the “biggest single loss of life in the history of UN Peacekeeping,” the then-President of the UN Staff Union, Stephen Kisambira, said at the time.

One of the survivors was Sophie Boutaud de la Combe, today the head of communications for the UN Mission for Justice in Haiti (MINUJUSTH), who was seven months pregnant at the time and just a few days away from home leave. She had been in the headquarters of MINUJUSTH’s predecessor, the UN Stabilisitation Mission in Haiti (MINUSTAH), when the quake hit.

The building completely collapsed, but Ms. Boutaud de la Combe managed to escape through a collapsed wall. For many hours, she and her surviving colleagues searched through the rubble, looking for anyone still trapped under the building. Two days later, she reluctantly left Haiti, a situation she describes as “a trauma,” her instinct being to help the UN and the people of Haiti. She eventually returned to the country in 2013, happy to be able to play a part in the rebuilding of the country, and honour her lost colleagues with her work.

Some nine years after the earthquake, the situation in Haiti is very different. The government, says Ms. Boutaud de la Combe, is now much better prepared for similar natural disasters. “A few months ago there was an earthquake in the north of the country. The state was prepared and they sent their people to support those affected, without MINUJUSTH involvement. It was not a major earthquake, but now the population knows how to react. And most importantly, we hear regularly how important it is to build better, to build strongly in case an earthquake would hit, not to endanger the people.”

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UN welcomes progress in former Yugoslav Republic of Macedonia naming dispute

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The Secretary-General’s Personal Envoy for the naming dispute between Greece and the former Yugoslav Republic of Macedonia (FYROM), Matthew Nimetz, has welcomed the former Yugoslav Republic of Macedonia parliament’s decision to ratify an agreement on a new name for the latter country, following a dispute that has lasted some 28 years.

In a statement released on Friday, Mr. Nimetz congratulated the former Yugoslav Republic of Macedonia parliament and the country’s citizens – who approved the name change in a referendum held in September 2018 – for the move, and the democratic manner in which the process was undertaken: “this historic Agreement between two neighbours opens the door to a new relationship between them and to a firmer basis for peace and security in the Balkans. I look forward to completion of the process as outlined in the Agreement,” said Mr. Nimetz, adding that the United Nations remains “committed to working with the two Parties in finally resolving the difference between them.”

However, in order for the country to be renamed the Republic of North Macedonia, the Greek parliament must also vote to ratify the deal. On Sunday, it was reported that the issue has led to a Greek government crisis, with the governing coalition split over the name change: Prime Minister Alexis Tsipras is reportedly planning to call a confidence vote, which is expected to be held on Wednesday.

The dispute stretches back to 1991, when the former Yugoslav Republic of Macedonia declared its independence from Yugoslavia, and announced its intention to be named “Macedonia.” Neighbouring Greece refused to recognise the name, insisting that only the northern Greek region of the same name should be called Macedonia, and arguing that the former Yugoslav Republic’s use of the name was a challenge to Greek sovereignty.

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