Integration and Macroeconomics

Member of the Board - Minister in charge of Integration and Macroeconomics Eldar Alisherov

News on «Integration and Macroeconomics»

19 Jun 2025 Eldar Alisherov: "Our dialogue is designed to promote further growth of trade turnover between the EAEU countries and Myanmar" Priorities of trade and economic cooperation between the Eurasian Economic Union and Myanmar were discussed at a meeting of the joint working group on interaction between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar. The meeting on the sidelines of the St. Petersburg International Economic Forum was co-chaired by Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics, and Kan Zaw, Myanmar Minister for Investment and External Economic Relations. The meeting participants addressed the issues of cooperation in trade, agriculture, competition policy and interaction of business circles. "Our dialogue on various aspects of the regulatory framework being developed within the EAEU is designed to promote the development of trade and economic ties between the Eurasian Five countries and Myanmar, as well as further growth of trade turnover, which has more than tripled since 2019," Eldar Alisherov stated. Among the key objectives of cooperation between the Commission and the Government of Myanmar identified by the EEC Minister at this stage are raising awareness of each other's trade and economic opportunities, as well as identifying bottlenecks in economic relations that need to be discussed within the working group. According to him, the high potential for cooperation between the parties "is predetermined by the Commission's active dialogue with the ASEAN region as a whole, as well as by the fact that Myanmar is essentially a 'bridge' between the EAEU and ASEAN, a trade 'crossroads' of major economies of Southeast Asia." In turn, Kang Zaw emphasized the importance of the dialogue with the EEC for boosting economic cooperation with all countries of the Union. In this regard, he highlighted a number of the most promising areas: digitalization, e-commerce, technology exchange in agriculture, and interaction within Myanmar's special economic zones. Myanmar Trade Minister Aung Naing Oo, Myanmar Agriculture, Livestock and Irrigation Minister Min Naung, and Aye Win, President of the Union of Myanmar Federation of Chambers of Commerce and Industry, addressed the meeting. The parties called on the entrepreneurs of the EAEU and Myanmar for closer cooperation, including the establishment of an official dialogue between the EAEU Business Council and the relevant Myanmar business association. The next meeting of the joint working group will take place in 2026. The Memorandum of Cooperation between the Eurasian Economic Commission and the Government of the Republic of the Union of Myanmar had been signed in 2023. 
27 May 2025 EEC and Thailand intensify interaction Mikael Belluyan, Director of the Eurasian Economic Commission's Integration Development Department, and Somrudee Poopornanake, Deputy Director-General of European Affairs Department of the Thai Ministry of Foreign Affairs, discussed promising areas of cooperation between the EEC and the Government of the Kingdom of Thailand. Mikael Belluyan noted that the Commission proposes to intensify joint work to expand trade between the Eurasian Economic Union states and the Kingdom of Thailand, including within the framework of the Memorandum of Cooperation. He also said that an industry seminar on the Eurasian economic agenda is planned to be held in June 2025 for representatives of the official circles and business community of Thailand. The parties discussed the possibility of holding the 3rd meeting of the joint working group on interaction between the EEC and the Government of Thailand, during which practical issues of cooperation, as well as a joint action plan will be considered. Somrudee Poopornanake supported the proposals and noted Thailand's willingness to enhance a dialogue with the EEC within the framework of the Memorandum and interest in the development of trade and economic cooperation with the EAEU countries, including in the context of exploring the possibility of creating an FTA between the EAEU, its Member States, and the Kingdom of Thailand. The Memorandum of Cooperation between the EEC and the Government of the Kingdom of Thailand was signed on November 19, 2018. According to the document, the parties intend to cooperate in such areas as regional economic integration; trade policy; analysis of economic development and macroeconomic situation in the Member States of the Eurasian Economic Union and the Kingdom of Thailand; customs regulation; technical regulation; sanitary, veterinary-sanitary and phytosanitary quarantine measures; finance; transport; energy policy; the agricultural sector; competition policy and antitrust regulation; industry; intellectual property; consumer rights protection; information and communication technologies and digital economy; trade in services and investments; entrepreneurship development; public procurement; other areas of mutual economic interest.
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