President of Belarus Alexander Lukashenko outlined the main tasks and directions for the development of cooperation within the Union State, both in the current period and for the future. The Head of State made relevant statements at the meeting of the Supreme State Council of the Union State in St. Petersburg, as reported by a BELTA correspondent.

The Head of State stated that based on the results of 2023, the parties will update the historical maximum of trade in goods and services. "Vladimir Vladimirovich mentioned a figure for 10 months – over $40 billion, but if we take the whole year (goods and services) – it will be approximately $54 billion. This is indeed a historical maximum. Achieving high indicators is largely the result of implementing the measures of the 28 Union programs, within which fundamental decisions have been made. But we still need to develop common criteria for assessing the effectiveness of their implementation," the President noted.

Key items on the current agenda of the Supreme State Council are the governments' reports on the implementation of the main directions for realizing the provisions of the Treaty on the Creation of the Union State for 2021-2023. The agenda also includes the approval of a new program document for the next three-year cycle – for 2024-2026. It envisages the continuation of work on strengthening the single economic space and removing remaining trade barriers.

According to Alexander Lukashenko, it is important to enhance the international positioning of the union, as is being done within the EAEU.

As the main task in the industrial sphere, the President identified the intensification of cooperation in import substitution. A great deal has already been done in this regard. "A lot has been done here. We have understood much that we did not understand two years ago. We have not been brought to our knees. On the contrary, we have mobilized and accomplished a great deal. Basic intergovernmental agreements have been signed on the recognition of technological operations, on the development of microelectronic technologies, on the design and production of electronic component bases, electronic engineering, and on a unified industrial policy. Yesterday, Vladimir Vladimirovich and I very carefully analyzed these issues in the middle of the day, using microelectronics as an example," said Alexander Lukashenko.