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The Chairman of the Board,The Eurasian Economic Commission

Chairman of the EEC Board Bakytzhan Sagintayev
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20 Jun 2025 Bakytzhan Sagintaev: "The Commission seeks to create better conditions for developing the real sector of the EAEU economies" Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, took part in the plenary session of the 28th St. Petersburg International Economic Forum on June 20. The Head of the Commission's Board also spoke at the session Synergy in the EAEU’s Real Sector: Responding to Today’s Challenges. In his report Bakytzhan Sagintaev emphasized that the real sector plays an important role in the economy of each country of the Eurasian Economic Union, ensuring production of goods and services, offering employment and serving as the basis for sustainable development. "In 2024, industrial output in the Union increased by 4.5%. Mutual supplies between the EAEU countries increased by 8.1%, investments in fixed assets — by 7.5%," told Bakytzhan Sagintaev. For the progressive development of industrial cooperation within the EAEU, the Main Directions of Industrial Cooperation until 2030 are defined. "The main emphasis is placed on the development of cooperation ties between enterprises, including through the localization of joint knowledge-intensive ventures," noted the Head of the EEC Board. In conclusion, Bakytzhan Sagintaev outlined a number of challenges that, when addressed, will contribute to creating the necessary conditions for developing the real sector of the Union economies and increasing the volume of mutual and foreign trade. The priorities of each Member State of the Eurasian integration association are the basis of common efforts to ensure the dynamic development of the Union, as the Head of the EEC Board emphasized. These are economic growth, job creation, investment attraction, technological development and increasing the competitiveness of EAEU products in international markets.
18 Jun 2025 Bakytzhan Sagintaev participated in meeting of EAEU countries' Vice Prime Ministers On June 18, Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, took part in a meeting of Vice Prime Ministers of the Eurasian Economic Union Member States being the EEC Council Members. The event participants discussed topical areas of the Eurasian economic integration, as well as issues of further cooperation development within the EAEU. The meeting reviewed the preparations for the summit of the Union countries' leaders and the 4th Eurasian Economic Forum to be held on June 26–27 in Minsk.
17 Jun 2025 Bakytzhan Sagintaev: "The EAEU priority is developing mutually beneficial foreign economic relations" On June 17, Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, held a working meeting with Tadzio Schilling, Director General of the Association of European Businesses (AEB), at the EEC's headquarters. The meeting discussed the prospects of cooperation between the Commission and AEB, which currently unites more than 380 European companies. "The Eurasian Economic Commission works jointly with the EAEU States to create favorable conditions for doing business. We consider the AEB as a reliable partner for efficient interaction with the business community," Bakytzhan Sagintaev emphasized. The Head of the EEC Board has noted that one of the EAEU priorities is developing foreign economic activities. The Commission is focused on consistent expansion of its international cooperation geography. Summing up the meeting, the two sides reaffirmed their mutual interest in further development of the dialogue of entrepreneurs across the Eurasian space. Bakytzhan Sagintaev conveyed his greetings to Tadzio Schilling on the 30th anniversary of the Association of European Businesses and wished him intense and productive work on the sidelines of the Eurasian Economic Forum.
17 Jun 2025 EEC Board temporarily zeroed out duties on certain types of components for hand-held power tools The Eurasian Economic Commission's Board has decided to set the rates of import customs duties of the СCT EAEU at 0% of the customs value in respect of certain types of components for the production of hand-held power tools (codes 8483 40 230 2, 8536 50 800 2 and 8545 20 000 1 of the CN FEA of the EAEU). The duties are temporarily zeroed out through December 31, 2029. "This measure of customs tariff regulation is aimed at increasing the competitiveness of hand-held power tools produced by enterprises of the Eurasian Economic Union, reducing the cost price of such production, increasing the existing capacity utilization, ramping up output and expanding the range of products, as well as creating favorable conditions for investment in the industry," mentioned Vahagn Ghazaryan, Director of the EEC Tariff and Non-Tariff Customs Regulation Department. At the same time, he emphasized that components for hand-held power tools of the required standard sizes are not produced in the EAEU. Necessary amendments will be made to other Commission's acts as well. Zero duty rates were applied to these goods from June 5, 2020 to June 30, 2023 inclusive. That contributed to an increase in power tools production capacity utilization in the EAEU countries and a higher share of domestic products in the internal market.  
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24 Oct 2017 Interview: Tigran Sargsyan on the Eurasian Economic Union The chairman of the EEU’s Eurasian Economic Commission talks about the trade bloc’s past, present, and future.
14 Dec 2016 The interview of the Minister on the technical regulation of the EEC Valery Koreshkov with BELTA news agency on establishment of the common market of medicines in the Eurasian Economic Union Medicines is the first group of specific goods, with which the EAEU countries started to work closely by the beginning of the functioning of the common market. Using this experience, the EAEU will form other common markets - for finances, energy, oil and gas, and so on. The BELTA journalist discussed with the EEC Board Member - Minister in charge of technical regulation Valery Koreshkov, what stages are yet to be covered and how the common market of medicines will work.​
14 Dec 2016 Highlights of the speech by the Chairman of the EEC Board Tigran Sargsyan at the Conference of the EDB, published in the “Vedomosti” newspaper: “Overcoming under-integration” I believe there is huge potential for the economic growth in Eurasia, which has not yet been explored. And I think that the main tool that could greatly stimulate the economic growth in our countries may be this supranational institution which has been created. Because our main mission is to be able to summarize the best practices that have been accumulated in the countries, and basing on them, international experience, experience of the European Union we will have to introduce these new supranational institutions, which will stimulate the economic growth in our countries. The axiomatics which lie at the heart of our Treaty on the Union is as follows: If we create the common economic space, we will remove barriers, exemptions and restrictions, create conditions for the free movement of goods, services, capital, and labor, which alone will ensure great potential for the economic growth.
Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of 09 Nov 2016 Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of "RUSARMINFO" and shared his view on the level of integration of Armenia in the common energy market of the Eurasian Union ​​How do you estimate the level of integration of Armenia in the common energy market of he EAEU? And what are the objective possibilities of development? ​
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