Focusing on Baltic Cooperation
Latest Baltic Assembly & Baltic Council Meeting
Recently the 31st session of the Baltic Assembly and the 18th Baltic Council took place in Vilnius, Lithuania focusing on governmental reports tackling three topical issues: firstly, actions to ensure regulative and supervisory cooperation mechanisms of the Nordic and Baltic financial markets.
The issue of integrated and stable financial markets of the Baltic and Nordic countries has been profoundly discussed in the Baltic Assembly, and common financial stability concerns stemming from the potentially systemic inter-linkages between countries have been recognized, justifying enhanced cooperation in financial crisis prevention, management and resolution.
The second topic focused on the Baltic cooperation in developing joint external economic policy and joint investment projects emphasizing the need for more joint and coordinated approaches of the Baltic States.
Thirdly, the issue of current and future Baltic health-care projects, which was initiated by the Baltic Assembly, and stands out as a regional success story in the area of health care was debated.
In addition to the governmental reports, the second part of the Session focused on the topic of optimizing Baltic interests in the European Union: presidencies of the EU Council. At the end of the 31st Session the Resolution of the 31st Session of the Baltic Assembly was adopted.
The Baltic Assembly and the Baltic Council of Ministers convened for the 18th Baltic Council to discuss the development of the Baltic energy market, joint measures and projects enhancing economic growth, creation of a single digital market and joint health-care projects, as well as to evaluate progress on the priorities set for 2012 and to define the objectives for 2013. The Joint Statement of the 18th Baltic Council was signed between the President of the Baltic Assembly and Chairman of the Cooperation Council of the Baltic Council of Ministers.