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According to Putin, the documents talk about the integration of monetary systems, the principles of the collection of indirect taxes and the fight against terrorism. Macroeconomic policies will be unified, countries will integrate payment systems and harmonize monetary policy.
The presidents also discussed the creation of a common defense and security space on the outer perimeter, including the upcoming joint ZAPAD 2021 exercise.
Putin explained that the exercise is not directed against anyone, but only a reaction to NATO actions near the Belarus-Russia border.
Negotiations on the so-called State of the Union have been going on since 1999, when the leaders of Russia and Belarus signed the State of the Union Treaty. Over the years, few specifics of the negotiations have been clarified, as the negotiations take place behind closed doors. According to analysts, most negotiators disagree on fiscal policy, energy prices and the single currency.
By the way, this is not the first time that Mr. Lukashenko or his subordinates have squandered statements about their intention to complete the integration, but at the last minute, one is probably reconsidering the fear that such an agreement will reduce personal power. But this time things are different.
And so, the unfriendly relations between Belarus and the West began to deteriorate dramatically in 2020 in August, when Lukashenko was re-elected president, but the opposition and the western states consider that the election was rigged, just like all other presidential elections held. during his 27-year reign. When tens of thousands of people took to the streets to protest, Mr. Lukashenko’s response was very fierce.
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