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29 Mar 2021 EEC and EDB identified key directions of financial cooperation Ruslan Beketaev, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission, and Nikolay Podguzov, Chairman of the Board of the Eurasian Development Bank (EDB), discussed prospects for cooperation in financial sector. In particular, they discussed development and integration of financial markets, their infrastructure, creating digital ecosystems of financial services, implementing and scaling integration investment projects as well as developing digital platforms.

29 Mar 2021 EEC released a new Facts and Figures brochure in English devoted to the areas of the Commission's activities The Eurasian Economic Commission released "Figures and Facts" in English. This is a collection on the subject of the directions of the EEC's activities. Ten brochures provide updated figures and important facts.

26 Mar 2021 Andrey Slepnev and Heads of UN organizations in Geneva discussed joint work on economic challenges of modern world Andrey Slepnev, Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, held meetings with the UN Director General in Geneva as well as Heads of the UN Conference on Trade and Development (UNCTAD), the UN Economic Commission for Europe (UNECE) and the International Trade Centre (ITC) during his working visit to Switzerland. The Minister informed about the ongoing work to strengthen the international positioning of the Eurasian Economic Union during his conversation with Tatyana Valovaya, Director General of the UN Office. "Your support for developing cooperation between the Commission and the UN organizations in Geneva is of utmost importance to us," Andrey Slepnev addressed the Head of the UN Office. During the meeting with Isabelle Durant, Acting Secretary-General of UNCTAD, the EEC Minister stressed high level of cooperation between the two organizations and the importance of its outcomes in such issues as elimination of non-tariff barriers, consumer rights protection, e-commerce, etc. Andrey Slepnev drew attention of his colleague to the importance of continuing the dialogue as well as the Commission's readiness to contribute to the research and discussions being conducted at the UNCTAD’s venue. "It is required to make joint efforts to ensure conformity of current technological transformation of economies catalyzed by COVID-19 and relevant creation of new national and regional digital platforms without creating new concerns over their mutual integration," the Minister noticed. The sides agreed to hold an additional exchange of views on existing cooperation plans in the near future and to start implementing them. In turn, Olga Algayerova, Executive Secretary of the UNECE, was informed on the great relevance for the EAEU of the UNECE work in the areas of digital transport corridors (including harmonization of e-documents), closed-loop economy and e-commerce development. Besides, the Minister endorsed efforts being made by the UNECE to strengthen connectivity in the Central Asian region. Cooperation plan of the Eurasian Economic Commission and the UNECE for the coming years was finally coordinated during the meeting, and this arrangement will be formalized in the near future. An arrangement was reached with Pamela Coke-Hamilton, Executive Secretary of the ITC, on the key areas of cooperation being of joint interest. Andrey Slepnev informed his colleagues that the Eurasian Economic Commission would consider the possibility of deepening interaction in the field of e-commerce and digital transport corridors, including in the project format. During the meetings, the Minister repeatedly emphasized the importance of international organizations as venues for an optimal decision-making during the ongoing technological transformation. Andrey Slepnev and Heads of Permanent Missions of the EAEU Member States in Geneva also discussed the substance of the visit and issues of current interaction during the conversation organized by the Permanent Mission of the Republic of Kazakhstan to the UN Office and other international organizations in Geneva as the State chairing the Union's governing bodies in 2021.

26 Mar 2021 Arman Shakkaliev: "Efficient interaction between competition agencies and the Commission is the key to improving business climate in our countries" Relevant matters of improving the Eurasian Economic Union's law, past year’s results and plans for the upcoming period were discussed by Heads of the EAEU countries’ competition agencies and Arman Shakkaliev, Member of the Board – Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission during an online consultation held on March 25 (the so-called "5+1" format). Informing about key performance outcomes for 2020, Arman Shakkaliev noted that the intensity of work conducted by the Commission’s Antitrust Unit for monitoring compliance with the common rules of competition in transboundary markets was not reduced last year despite the difficulties associated with the COVID-19 pandemic. "We agreed and forwarded proposals on 10 applications to potential violators to take actions aimed at eliminating competition violations in transboundary markets. We conducted 13 investigations and reviewed 11 cases. For the first time ever, the parties to the transboundary anti-competitive agreement paid fines to the budget of the States where they are registered," the EEC Minister noted. In 2020, the EEC’s Competition Unit paid special attention to improving the EAEU competition law. For example, owing to the pandemic, amendments were introduced at Kazakhstan's initiative into the Methodology for Calculating Fines and the Procedure for Considering Cases in terms of Suspending Procedural Terms. Amendments to the Treaty on the EAEU relating to the introduction of preventive tools to prevent violations of the general rules of competition were diligently drafted as well. The necessity to maintain a direct connection with the business community to shape pro-competitive mentality among entrepreneurs has been mentioned. Antitrust compliance – a preventive measure and preventive control of competition rules violations in transboundary markets should become an efficient tool in this regard. "We propose to standardize compliance and make it part of the overall quality and risk management system," Arman Shakkaliev stressed. The need to elaborate a set of recommended rules for interaction between retail chains and suppliers of consumer goods has become one of the important talking points. Today, the Commission’s Competition Unit initiated elaborating and implementing a Code of Good Practices for Interaction between Retail Chains and Manufacturers (Suppliers) in the EAEU Member States. The EEC has gained membership in the International Competition Network (ICN), which testifies the increased confidence in the EAEU and its recognition on the international stage. "We are already actively engaged in the ICN working groups and plan to be as involved as we can in other ICN working projects. Our objective is to influence the formation of the global competitive agenda," the EEC Minister noted.  Arman Shakkaliev highlighted the OECD review of the EAEU legal regulation and competition policy as well as meetings at the UNCTAD’s venue with regional associations vested with supranational powers in the field of competition as priority areas for developing international cooperation this year. In the field of public procurement, the Rules for Determining the Country of Origin of Certain Types of Goods for Public Procurement Purposes were approved in 2020, laying down the key principle of creating cooperation chains – transactions performed in one of the EAEU States will be considered when manufacturing finished products in another State. This approach will enable public procurement to create a regional industrial coalition of the Union and prevent the emergence of "break points" in the public procurement market when the States restrict access thereto. This year, the Commission will focus on issues of full-fledged digitalization, ensuring information openness and transparency of public procurement. It should be noted that the meeting of Heads of the EAEU countries’ antitrust agencies in the "5+1" format was attended for the first time by representatives of competition agencies of the Union's observer countries from the Republic of Moldova and the Republic of Uzbekistan as well as Julio Garmendia Pena, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation. The event attendees agreed to hold the next consultation in June this year in Yerevan.

26 Mar 2021 EEC continues creating favorable competitive environment for EAEU business This was told by Arman Shakkaliev, Member of the Board in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, during the specialized session of the Annual Antitrust Forum of the Russian Corporate Counsel Association "Healthy Economy – Healthy Competition". According to him, the proactive antitrust regulation applied by the Commission, including the "soft law" tools – warnings and cautions and the antitrust compliance system, is designed to shape relevant mentality among business representatives. "A high level of confidence, understanding and interaction is the key to creating a space of legal predictability," Arman Shakkaliev noted. Today, the "soft law" tools developed and introduced to the EAEU law become an important element of antitrust regulation: issuing warnings and cautions will enable restoring competition in transboundary markets without long-term and expensive administrative procedures. The Commission's warnings will require market participants to stop actions that have any signs of violations of the general rules of competition. The market participant that complies with the warning requirements will not be held liable and will avoid penalties. The Commission’s caution can be issued to a person if he/she publicly declares (for example, in the media, at conferences or during presentations) about any planned anti-competitive behavior in transboundary markets. The Commission's Antitrust Unit made start toward elaborating a Code of Good Practices for Interaction between Retail Chains and Suppliers to prevent violations of competition rules in the network retail market. This document is considered as a set of recommended rules which should become an efficient tool for self-regulation of relations between manufacturers, suppliers and retail chains. Rules for determining the country of origin of certain types of goods for public procurement purposes elaborated by the Commission last year and entered into force on January 12 this year were mentioned by the Board Member as a positive example of mutually beneficial cooperation between the EEC and the business community. Aliya Jumabayeva, Director of the Department for Competition and Public Procurement Policy, and Aleksey Sushkevich, Director of Antitrust Regulation Department, attended the discussions on the Forum’s sidelines on behalf of the Eurasian Economic Commission as well.

26 Mar 2021 EEC Minister Sergei Glazyev and Kazem Jalali, Iranian Ambassador to Russia, discussed prospects for interaction Sergei Glazyev, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, held meeting with Kazem Jalali, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Federation, at the Embassy of the Islamic Republic of Iran in Moscow. The meeting discussed prospects for mutually beneficial cooperation, including in the sphere of trade, investment and services. In particular, it was noted that Iran and Russia had a lot in common on their international agenda. First of all, it is economic interaction that plays an important role here. The Iranian Ambassador reported that the Iranian Parliament had ratified the Interim Preferential Agreement on Free Trade Area. According to the sides, this will give a positive impetus to mutually beneficial cooperation. Sergei Glazyev acquainted his Iranian colleagues with the current agenda of the Eurasian Economic Union. Kazem Jalali has stressed that he pins high hopes on further deepening and developing Iran's cooperation with the EAEU countries and expressed his desire to visit the Commission’s headquarters in April for further negotiations.

26 Mar 2021 GREEN DEVELOPMENT PATHWAY HAS NO ALTERNATIVES Such a conclusion was reached by the participants of the Eurasian Economic Commission side-event “Green or Grim Picture: Environmental Responsibility as a Tool to Achieve SDGs 8 and 17” organized on the margins of the VIII UN ESCAP Asia-Pacific Forum on Sustainable Development on March 25, 2021. The event was held with the support of the Russian Union of Industrialists and Entrepreneurs.

25 Mar 2021 Alexey Krasinsky appointed Deputy Director of EEC Financial Policy Department Alexey Dmitrievich Krasinsky was born in 1983 in Minsk. In 2005, he graduated from the Minsk Institute of Management, and in 2015 he graduated from the Academy of Public Administration under the President of the Republic of Belarus.

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