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Russia, Belarus and Kazakhstan are passing to an essentially new level of co-operation as a result of creation of the Eurasian Economic Union (EEU), Russian President Vladimir Putin told a news conference after the EEU Treaty was signed in the Kazakh capital on Thursday, according to ITAR-TASS. 

“The just-signed treaty is of epoch-making, historic importance,” the Russian leader noted.

“The troika states will pursue a well-orchestrated policy in such key economic industries as energy, production industries, agriculture and transport sector,” Putin noted.

“In fact, we are shaping the largest common market in the CIS space with a huge production, scientific and technological potential and enormous natural resources,” the president added.

Vladimir Putin believes the treaty on Armenia’s joining the EEU shall be approved and signed in the nearest time. “We hope that Armenia will be able to become a full-fledged and full-right EEU member after the Union is launched,” the Russian leader said.