25 Sep 2023 EEC approved results of joint actions by EAEU countries in the field of consumer protection On September 25, the Board of the Eurasian Economic Commission approved the results of the work by the Eurasian Economic Union countries achieved during the first year of implementing the Program of Joint Actions for Consumer Rights Protection. “The program is the first EAEU document aimed at managing the countries' comprehensive work to implement a coordinated policy in this area,” noted Viktor Nazarenko, EEC Minister in charge Technical Regulation. "All countries of the Union are equally involved in the implementation of the Program. Their joint efforts are aimed at ensuring consumer well-being and safety in order to maintain stability of the EAEU internal market.” The program of joint actions by the EAEU Member States in the field of consumer rights protection was adopted in June 2022 and is valid until 2025. Government bodies, public organizations and business circles all take part in implementing the Program activities. The key areas of joint work by Member States within the Program are establishing the organizational framework to create a mechanism for addressing the interests of consumers; developing the countries' common approaches in this area; promoting information interaction between the authorized bodies; holding joint events aimed at raising citizen awareness, developing the skills of rational and sustainable consumption, as well as creating the mechanisms for resolving cross-border disputes involving consumers.  The report prepared by the Commission on this issue provides information on the current situation in the field of consumer protection in the Union, the results of joint work by Member States and proposals for implementing individual Program activities.
Mikhail Myasnikovich noted growth and development of EAEU engineering industry 25 Sep 2023 Mikhail Myasnikovich noted growth and development of EAEU engineering industry This was stated by Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission, on the Machine Builder Day of the Republic of Belarus. “Despite the challenges that the industry enterprises faced under sanctions pressure, over the first six months of this year, the industry as a whole grew by 12.4%. At the same time, the increase in manufacturing industry output of the Eurasian Economic Union countries amounted to 6.1%, and to 2.8% in the industry as a whole, which indicates an accelerated growth of output volumes in mechanical engineering and the existing potential for industrial integration,” noted the Chairman of the EEC Board.  Mikhail Myasnikovich emphasizes that today Belarus is one of the main suppliers of harvesting equipment, tractors, machine tools and other special equipment not only to the CIS countries, but also to a number of third countries. “MAZ, BelAZ, Atlant, Gomselmash, Minsk Tractor and Motor Plants, Mogilev Elevator Engineering Plant are established brands which products are in demand not only in the EAEU market, but also successfully compete with foreign alternatives in global markets, often surpassing them in terms of production and economic performance,” said Mikhail Myasnikovich.  At the exhibition held as part of celebrating the Machine Builder Day, Belarusian enterprises demonstrated several innovative models of equipment, such as an unmanned tractor, a line of modern MAZ vehicles, and Atlant and Vityaz household appliances. On behalf of the Eurasian Economic Commission, the Chairman of the EEC Board presented commemorative awards to workers and veterans of the industry, thanking them for their hard and conscientious work and noting their high professionalism and responsible attitude. According to Mikhail Myasnikovich, these qualities allow Belarusian manufacturers to further develop the machine building complex of the EAEU countries.
22 Sep 2023 Bakhyt Sultanov: “The EEC public procurement activities provide access for the EAEU suppliers to the single market with common and clear rules” Bakhyt Sultanov, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, informed on the main directions of the EEC public procurement activities at the 7th International Contract Relations Forum in St. Petersburg.  According to the Minister, the volume of the Union States' public procurement market demonstrates annual growth. "At year-end 2022, it amounted to more than 190 bln dollars, which is 20% higher than in 2021. I would like to draw your attention to the fact that almost 100% of participants in the Eurasian procurement are our own suppliers and suppliers from other EAEU Member States," Bakhyt Sultanov emphasized. During the plenary session, the participants discussed cases of violation of competition in public procurement, as well as the procurement process regulation, which, according to the participants, should be changed in view of the current economic environment. The Minister listed the activities to remove barriers as one of the main directions of the Commission's work in the field of public procurement. "I'd like to inform you that the Commission carries out work on the barrier issue on an ongoing basis. The Treaty on the EAEU envisages the main principle — provision of national treatment in procurement. This means that a country should provide goods, works and services, as well as suppliers from other Union States with no less favorable treatment and conditions than those for its own goods and suppliers," Bakhyt Sultanov noted.  The EEC Minister mentioned the procurement process digitalization as another important area in the work of the supranational body. The Commission and the EAEU countries actively work over the issue of recognizing electronic digital signatures for the public procurement purposes. In particular, unified rules for recognizing EDS in the Eurasian procurement are being elaborated jointly with representatives of authorized public authorities of the "five" countries. At the same time, the countries are in the process of ratifying amendments to vest the EEC with authority to adopt these rules. A pool of amendments to the Treaty on the EAEU, which expand opportunities for digitalization in public procurement, has also been prepared and approved by the five States. These include fixing the norms on mandatory procurement and conclusion of contracts based on their results in electronic format, reducing the procurement timeframe and others. As part of the work on digitizing public procurement, the Minister informed on the interactive map. The novelty will contain visual information on the interpenetration of goods and participation of suppliers in each other's public procurement. "Such infographic functionality will enable public authorities and the business community to receive up-to-date information on the purchasing structure and use it to adopt relevant managerial decisions, including on localizing the manufacturing of in-demand products," Bakhyt Sultanov summarized.
22 Sep 2023 EAEU and China use proposals from academia to extend interaction in key economic sectors On September 21, Vladimir Serpikov, Director of the Trade Policy Department of the Eurasian Economic Commission, attended the scientific and practical conference "The First Decade of the Belt and Road Initiative and Prospects for Cooperation with the Eurasian Economic Union" organized by the Central House of Scientists, a scientific and cultural institution of the Russian Academy of Sciences, jointly with the Center for Russian-Chinese Humanitarian Cooperation and Development. As part of his report, Vladimir Serpikov informed the conference attendees, who included representatives of the Embassy of the People's Republic of China to the Russian Federation and leading Russian academic institutions, about the Commission's work on coupling the development plans of the Eurasian Economic Union with the Chinese Belt and Road Initiative, as well as on implementing the Agreement on Trade and Economic Cooperation between the EAEU and China. Particular attention was given to a joint study on the effects of different scenarios for developing trade and economic interaction, conducted by the EAEU and PRC scientific circles as part of implementing the roadmap approved by the parties on February 16, 2023. "The study aims to work out science-based proposals and recommendations for deepening further cooperation between the EAEU, its Member States and the PRC in key economic sectors for the long-term perspective until 2035, which the parties will use when developing specific areas of interaction in the near future. We expect to discuss the study results within the joint conference of the EAEU and PRC scientific circles next year", Vladimir Serpikov noted.  
22 Sep 2023 EAEU continues dialogue on forming free trade area with India On September 21, representatives of the EEC Trade Policy Department and the EEC Industrial Policy Department held a meeting with representatives of the Ministry of Trade and Industry of the Government of the Republic of India at the Eurasian Economic Commission's headquarters. The meeting addressed the issues of interaction between the parties, the work on entering into active negotiations on concluding a free trade agreement, as well as the prospects for deepening industrial cooperation. "The trade turnover between the EAEU countries and India doubled at year-end 2022, and increased by another 90% in H1 2023 compared to the same period last year. Along with that, preliminary studies demonstrate significant benefits from concluding a free trade agreement for both the EAEU and India, including from the perspective of possible implementation of future joint projects. The business community of the Union countries actively supports the transition to preferential treatment as well," noted Vladimir Serpikov, Director of the EEC Trade Policy Department. In turn, Manish Chadha, Joint Secretary of the Department of Commerce of the Ministry of Commerce and Industry of the Government of the Republic of India, stated that additional studies conducted by the Government of India, as well as discussions with the business community confirmed that concluding a trade agreement with the EAEU was of significant interest. Furthermore, the readiness to consider possible proposals of the EEC and the EAEU to deepen industrial cooperation was confirmed.
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