Russian president announces agreement on macroeconomic policies, and common tax and customs measures

Vladimir Putin and Belarusian leader Alexander Lukashenko said they had made progress toward integrating the two countries’ economies during a summit on Thursday evening in advance of massive joint military exercises.

Speaking late on Thursday, Putin said the two leaders had agreed to coordinate the countries’ macroeconomic policies, institute common tax and customs measures, and harmonise other financial controls as part of a 28-point roadmap that is expected to increase Russia’s influence over its neighbour.

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