Industry and Agriculture

EEC
EEC Board
Member of the Board – Minister in charge of Industry and Agroindustrial Complex

Member of the Board – Minister in charge of Industry and Agroindustrial Complex Gohar Barseghyan

News on «Industry and Agriculture»

19 Jun 2025 Goar Barseghyan: "Financing industrial cooperation is an important step for deepening economic integration" This was stated by Goar Barseghyan, Minister in charge of Industry and Agriculture of the Eurasian Economic Commission, during the business dialogue event "Russian–Kazakhstan Dialogue. New Horizons of Industrial Cooperation" held at the St. Petersburg International Economic Forum. The EEC Minister noted the important role of the real economy in the development of cooperation not only between Russia and Kazakhstan, but also in general within the Eurasian Economic Union. "On the initiative of businesses, a new mechanism of financial support for industrial cooperation is created in the EAEU. This instrument, launched by the Commission in July 2024, has become an important step in deepening economic integration and developing practical interaction between entrepreneurs," Goar Barseghyan stated. As the EEC Minister emphasized, the mechanism provides for subsidizing the interest rate on loans at 100% of the key rate of the Union countries, as well as the participation of enterprises from three or more EAEU states, which strengthens cooperation, promotes the exchange of experience and technological growth. According to her, financing of the first two projects has been approved, including joint production of agricultural machinery in Kazakhstan. The implementation of this project will ensure the manufacture of combine harvesters involving Russian and Belarusian enterprises. The EEC Minister said that taking into account the positive experience, the Heads of Government of the EAEU countries approved the initiative to expand the support mechanism for cooperation project to the agricultural sector. "By combining economic potentials and national competencies, we will be able to build an integration space that will become a reliable basis for economic growth and sustainable technological development," Goar Barseghyan summarized. In 2024, the volume of industrial output in the EAEU grew by 4.5% compared to the previous year. About 80% of the total trade turnover of the EAEU countries with Kazakhstan is made up of manufacturing industry products. 

05 Jun 2025 EEC sees prospects for expanding industrial cooperation between EAEU countries in creating metallurgical Eurasian competence center Nikolay Kushnarev, Director of the Eurasian Economic Commission's Industrial Policy Department, discussed cooperation prospects in the field of metallurgy across the Eurasian Economic Union with the management of I.P. Bardin Central Research Institute for Ferrous Metallurgy. The interlocutors considered promising areas of industrial cooperation in technological development of ferrous metallurgy, exploring the production and application of a new type of wear-resistant steels for various industries (agricultural machinery, automotive industry, railway engineering, transportation of hydrocarbon raw materials, pipes, bearings with increased durability), issues of expanding industrial cooperation with the EAEU Observer States. "The new EEC mechanism for financial support to cooperation in the EAEU industry can be effectively leveraged in the creation of new metallurgical production facilities and modernization of existing capacities in the Union countries," mentioned Nikolay Kushnarev. SRC FSUE I. P. Bardin Central Research Institute for Ferrous Metallurgy is a research institute engaged in developments in the field of metallurgical science, metallurgical technology and physics of metals. 

02 Jun 2025 Vitaly Vovk: "Competitiveness of machine tool products within the EAEU requires support from the Member States" Vitaly Vovk and Laura Sadykova, Deputy Directors of the Eurasian Economic Commission's Industrial Policy Department, took part in the international specialized exhibition of equipment, devices and tools for the metalworking industry "Metal Processing 2025". The exhibition events and the international trade and industrial congress "Investments. Development. Cooperation" held as part of them noted the need to develop the production of critical components using domestic capacities. EEC representatives met with a number of Belarusian and Russian manufacturers of machine tool products. "Now it is especially important to specialize machine-tool enterprises of the Eurasian Economic Union countries: firstly, to establish production of critical components for the EAEU countries, and secondly, not to create internal competition," Vitaly Vovk stressed during the negotiations. He also noted that in order to increase the competitiveness of Eurasian machine tools and components at the current stage, substantial support of the Union's countries is needed in terms of securing orders and providing guarantees for the sale of finished products. The Unit representatives told the exhibition participants about the mechanism for financing industrial cooperation, urging them to involve enterprises of the Member States in cooperation chains.

27 May 2025 EEC adopted Recommendation on Developing Cooperation in Oil and Gas Mechanical Engineering The Board of the Eurasian Economic Commission at a meeting on May 27 approved the Recommendation "On Developing Cooperation in Manufacturing Oil and Gas Equipment in the Member States of the Eurasian Economic Union". The document recommends the EAEU countries to advance the production of oil and gas equipment taking into account the needs of its Member States, to share experience in developing and manufacturing in-demand oil and gas equipment, as well as to take into account the possibility of applying the financial support mechanism within the Union. A list of oil and gas mechanical engineering enterprises interested in participating in cooperation projects within the EAEU was also compiled and posted on the Commission's official website. "Building mutually beneficial cooperation between consumers and manufacturers within the Eurasian Economic Union will allow the participants to enhance competition and diversify the range of products manufactured and consumed, which will have a positive impact on the economies of our association," noted Goar Barseghyan, the EEC Minister in charge of Industry and Agriculture.

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22 Jun 2022 Director of Agriculture Policy Department of the Eurasian Economic Commission spoke at the Food 4 Future World Summit in Bilbao

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