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Maksim Ermolovich

Maksim Ermolovich

Biography

He was born on June 26, 1977 in Lepel, Vitebsk Region (the Republic of Belarus).

He graduated from the Polotsk State University and the Academy of Public Administration under the President of the Republic of Belarus.

In 1999, he served as State Tax Inspector at Inspectorate No. 2 of the State Tax Committee for the Frunzensky District of Minsk.

From July 1999 to 2002, he held various positions in the State Tax Committee of Belarus (now the Ministry of Taxes and Duties).

From 2002 to 2011, he held various positions in the Ministry of Finance of the Republic of Belarus. He held the positions of Consultant at the Department of Fiscal Revenue Analysis and Planning, Deputy Head of the Department — Head of the Fiscal Revenue Planning and Accounting Section of the Main Directorate of Fiscal Policy and Fiscal Revenues, Head of the Main Directorate of Budget Policy.

In 2011-2014, he was Deputy Minister of Finance of the Republic of Belarus.

In 2014-2018, he was First Deputy Minister of Finance of the Republic of Belarus.

On August 31, 2018, he was appointed Minister of Finance of the Republic of Belarus.

On July 20, 2020 he was appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the United Kingdom of Great Britain and Northern Ireland, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Ireland on a concurrent basis.

Since August 1, 2022, he is Deputy Head of the Administration of the President of the Republic of Belarus.

On February 1, 2024, Maksim Ermolovich was appointed EEC Minister in charge of Competition and Antitrust Regulation.

24 Feb 2021 EAEU to master new methods for regulating digital markets - EEC Minister The Eurasian Economic Commission constantly improves working conditions of the EAEU business, and sophisticating the antitrust regulation mechanisms is one of the directions thereto. As the EEC has suggested during the Antitrust Forum held on February 18, the Eurasian Union needs new approaches to antitrust compliance since the existing norms have not been brought to unified standards. The issue also concerns digital markets, the development of which has been intensified in response to the pandemic and restrictions accompanying it. Arman Shakkaliev, Member of the Board – Minister in charge of Competition and Antitrust Regulation of the Commission, has told in his interview to "Eurasia.Expert” about measures the EEC now uses to protect competition as well as changes it prepares.
24 Feb 2021 "It is up to the business community to define the EEC agenda, and we should hear the business community" Published in the "Competition and Law" Magazine No. 1, 2021 The Eurasian Economic Commission’s Antitrust Unit was one of the main news-makers in the field of competition protection last year. The regulator's plans are large-scale as well: to control anticompetitive digital practices, to elaborate specialized guidelines, to expand the EEC's powers to companies from third countries and to introduce a compliance system at the supranational level as well as interactive format for interaction with business. What are the main outcomes of the Unit’s work in 2020? And what are the objectives set for 2021? Arman Abaevich Shakkaliev, Member of the Board – EEC Minister in charge of Competition and Antitrust Regulation, reports. About "digital" antitrust regulation.
03 Feb 2021 Interview with Arman Shakkaliev, EEC Minister in charge of Competition Highlights - International roaming will be canceled within the Eurasian Economic Union (EAEU) by 2025. Russian citizens will be able to use home tariff plan in Kazakhstan, Armenia and other Union countries.
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.​
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