Economic growth of Kazakhstan, Russia and Belarus following formation of Single Economic Space to be up to 15-16%

ASTANA. December 10. KAZINFORM /Kanat Kulshmanov/ The economic growth of Kazakhstan, Russia and Belarus following the establishment of the Single Economic Space is expected to make 15-16%. Head of the EurAsEC Department of Trade Policy Vladimir Chushkin said during Video-bridge Moscow-Astana on theme "Single economic space. Formation and prospect problems" on Friday.

"Forecasted surplus of the economic growth in five-, six-year period is up to 15-16%", he said.

According to him, the establishment of the Single Economic Space will lead to growth of income of population in the member state by 6-7%.

Besides, the new level of integration will allow solving the technology inflow issues, reduce the cost of credit resources, strengthen investment potential as well.