Free trade from Lisbon to Vladivostok
27 April

On 19 April 2021, members of the Board of the Lisbon-Vladivostok Initiative took part in a meeting in Moscow with Andrey Slepnev, Member of the Board - Minister in charge of Trade of the Eurasian Economic Commission (EEC). The Delegation included Ulf Schneider, President and founder of SCHNEIDER GROUP, and Chairman of the Board of the Initiative, as well as the following members of the Initiative's Board: Ernesto Ferlenghi, Executive Vice President of the Association of Italian Industrialists in Russia, Emmanuel Quidet, President of the French-Russian Chamber of Commerce and Industry, Matthias Schepp, Chairman of the Board of the Russian-German Chamber of Commerce, Johan Vanderplaetse, Chairman of the Board of the Association of European Business in Russia, and Sergei Krasilnikov, Vice President of Schneider Electric and Vice President of the RSPP.

During the meeting there were discussions regarding the development of European and Russian business in the Eurasian Economic Union, as well as the prospects for improving the business climate between business entities of the European Union and the Eurasian Economic Union.

Ulf Schneider reported on the growing support for the Initiative from the business community: "Over 100 companies from 12 countries have already supported our Initiative and signed a corresponding memorandum. 40 international experts are working in 6 Task Forces focused on such issues as visa liberalisation, customs and transport regulation, certification, the green economy, a single pharmaceutical market, and taxation issues. In June, we will submit business proposals on each of the topics to the EU and EAEU authorities".

Mr Slepnev, in turn, said he looked forward to fruitful cooperation, the development of trade ties from Lisbon to Vladivostok, and also invited participants of the Initiative to work closer with the Eurasian Economic Commission.

About the Lisbon-Vladivostok Initiative:

In 2015, an initiative was formed in European business circles to promote the idea of ​​creating a common economic space on the territory of the European Union (EU) and the Eurasian Economic Union (EAEU): the Lisbon-Vladivostok business initiative. Underpinning the Initiative is the business community's need for economic integration and the expansion of economic interaction in the Eurasian space. The Initiative already comprises over 100 companies, as well as major business associations from 12 EU and EAEU member states. In 2020, the Initiative's Board was installed, and a number of task forces set up in specific areas. Events to promote and raise awareness of the Initiative are held on a regular basis. Those taking part in the Initiative’s events include business leaders and owners, officials, and prominent experts.

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