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24 Apr 2025 Arzybek Kozhoshev, "Transport connectivity and RES development can become a sustainable development driver in the EAEU" Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, took part in the international conference "Global Mountain Dialogue" in Bishkek, dedicated to the prospects of sustainable development of mountain regions. In his speech, the Minister noted the importance of enhancing transport and energy infrastructure as the main factor in improving the quality of life in these regions. The Minister emphasized that the Kyrgyz Republic, with its unique mountainous landscape and abundant natural resources, continues to demonstrate positive economic trends. The economy achieved a record high in 2024, with GDP growing by 9%. However, mountain regions face particular challenges, such as isolation, climate risks and internal migration, which require a special approach in the development of public policies. As for infrastructure development, Arzybek Kozhoshev highlighted key projects to build the China-Kyrgyzstan-Uzbekistan and Balykchi-Kochkor-Makmal railroad, as well as improving air connectivity of remote regions. Special attention was paid to the topic of energy. Kyrgyzstan needs to keep up active development of its renewable energy potential, which will help ensure sustainable energy supply for mountainous territories and contribute to reducing emissions and preserving glaciers. "The RES development and unlocking hydropower potential is an important step to increase energy availability in hard-to-reach mountainous areas, as well as to reduce dependence on external energy supplies, which is especially important for mountainous regions of the EAEU countries," the Minister emphasized. The Minister concluded his speech by calling for greater international cooperation to fulfil the potential of mountain regions and ensure their steady economic growth.
24 Apr 2025 EAEU Countries Maintained Economic Growth Rates Above Global Average The meeting of the Advisory Committee on Macroeconomic Policy chaired by Eldar Alisherov, Minister in charge of Integration and Macroeconomics, reviewed the report for 2024 on the results and prospects of social and economic development and measures taken by the Member States in the field of macroeconomic policy. The economic growth rate as of year-end 2024 exceeded the global average: total GDP increased by 4.4%. Most of the key macroeconomic indicators demonstrated an upward trend. The measures taken by the Member State were aimed at ensuring macroeconomic stability, as well as timely imbalance prevention and settlement. The meeting was presented with the results of monitoring macroeconomic indicators that determine the sustainability of economic development of the Eurasian Economic Union states. It was noted that, in general, most EAEU countries maintain fiscal and debt sustainability. At the same time, achieving price stability remains one of the priorities of the macroeconomic policy of the Member States. The meeting participants discussed amendments to the Procedure for Approving Interval Quantitative Values of External Forecast Parameters Used to Prepare Official Forecasts of Social and Economic Development to improve the forecasting system approaches. The Advisory Committee on Macroeconomic Policy is an advisory body under the Board of the Commission that ensures the preparation of opinions, proposals, recommendations, and consulting on the issues of agreed macroeconomic policy within the Eurasian Economic Union.  In accordance with Article 63 of the Treaty on the EAEU, the macroeconomic indicators that determine the sustainability of economic development include the inflation rate, the budget deficit of the public administration sector and the debt of the public administration sector.
24 Apr 2025 Elmira Syzdykova Appointed Deputy Director of EEC Internal Market Protection Department Elmira Syzdykova was born in 1991. In 2014, she graduated from M.V. Lomonosov Moscow State University with a Bachelor's degree and in 2016, with a Master's degree in Economics. Prior to joining the Eurasian Economic Commission, she worked in various positions in the Foreign Trade Department, Ministry of Trade and Integration of the Republic of Kazakhstan. She is a holder of medals "For Contribution to the Development of the Eurasian Economic Union" (2022) and "10 Years of the Eurasian Economic Union" (2024). On April 22, 2025, she was appointed Deputy Director of the EEC Internal Market Protection Department.
24 Apr 2025 Maxim Ermolovich Participated in CIS Events on Competition Maxim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, participated in the Interstate Council for Antimonopoly Policy (ICAP). He spoke about the activities the Commission Unit he heads undertook in the past year, interaction with the ICAP and national specialized bodies. "The FAS Russia and the EEC cooperate in various formats: through the 5+1 meetings, the IСAP, the Headquarters for Joint Investigations of Antitrust Law Violations of the CIS Member States, within competition advocacy activities and others," Maxim Ermolovich emphasized. "This helps coordinate the activities of competition authorities across the Eurasian space." The participants of the Joint Investigation Headquarters meeting, including representatives of the Commission's Competition Unit, told about examples of preventing and eliminating violations in this area, shared their experience in dealing with marketplace activities, the impact of artificial intelligence on competition, etc. The Interstate Council for Antimonopoly Policy (ICAP) was established in 1993. It is comprised of plenipotentiary representatives of the CIS states. The work of the ICAP is primarily aimed at improving the national competition legislation of the CIS countries and its application based on international best practices.
24 Apr 2025 Maxim Ermolovich Took Part in FAS Russia Anniversary Events Maxim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, was a speaker at the events dedicated to the 35th anniversary of the antitrust authorities of the Russian Federation. At the extended meeting of the Board of the Federal Antimonopoly Service, Maxim Ermolovich emphasized the great role of FAS Russia and its territorial bodies in the creation of effective legislation and successful competition law enforcement, which are in demand in the countries of the Eurasian Economic Union. "The antitrust authorities of the Russian Federation are successful in their important mission to ensure free competition," said the EEC Minister. "The Fifth Antimonopoly Package, the new interagency program of measures to detect and suppress cartels and other agreements restricting competition, the work carried out by the Federal Antimonopoly Service in socially important markets — all this demonstrates the true commitment of FAS Russia to the interests of competition protection." The events also included a meeting of the BRICS Working Group for the Research of Competition Issues in Digital Markets (in the BRICS+ format).
23 Apr 2025 Alexander Kudryavtsev Appointed Director of EEC Administrative Department Alexander Kudryavtsev was born on September 13, 1984 in Minsk. In 2007, he graduated from the Minsk Institute of Management, and in 2018 he graduated from the Academy of Public Administration under the President of the Republic of Belarus. From October 2009 to November 2010, he worked as Chief Specialist of the Economic Development and Analysis Department, Economic Office of the Administration of Zavodsky District of Minsk. November 2010 to October 2012: Chief Economist, Department of the Ministry of Trade of the Republic of Belarus. October 2012 to December 2015: Head of Supplies and Logistics Department, Main Department of Capital Construction, Belarus President Property Management Directorate. December 2015 to April 2025: Head of the Organizational Support Department, Office of the Council of Ministers of the Republic of Belarus. On April 22, 2025, he was appointed Director of the EEC Administrative Department.
23 Apr 2025 EEC Held Seminar on Developing Industrial and Agricultural Cooperation with Iran On April 23, the Eurasian Economic Commission hosted a seminar co-chaired by Andrey Slepnev, EEC Minister in charge of Trade, and Gohar Barseghyan, EEC Minister in charge of Industry and Agriculture, and dedicated to the prospects of cooperation with Iran in the field of industry and agriculture, including business participation in special economic zones in the EAEU and Iran. The event was organized in anticipation of the entry into force of the full-scale Free Trade Agreement between the Eurasian Economic Union and the Islamic Republic of Iran. "Such seminars represent an effective platform where there is a possibility to discuss both problematic issues and those areas that could become a new point of growth in the development of our trade and economic relations," said Andrey Slepnev. He emphasized that once the Agreement comes into force on May 15 this year, companies from the EAEU countries will have unique conditions of access to the Iranian market and expressed hope that the parties will take full advantage of the emerging prospects, including in terms of establishing industrial cooperation. The agreement, in particular, provides for the creation of a number of dialogue instruments through which the business circles of the EAEU and Iran will be able to discuss various cooperation areas of mutual interest. "Within sectoral cooperation, we see significant potential in the interaction of industrial and agricultural enterprises, the development of scientific research, technology and innovation, and the expansion of cooperative ties. The EAEU states have great economic potential, while the availability of resources and joint actions open up possibilities to boost the mutual trade turnover of the Member States with Iran, increase the volume of competitive industrial output and develop exports of high-tech products," Gohar Barseghyan noted. The most promising areas of interaction with Iranian partners in the field of industry and agriculture are planned to be included in the draft Joint Action Plan (Road Map) on trade and economic cooperation between the EAEU, its Member States and Iran, which is aimed at implementing the provisions of the Agreement. The seminar was attended by representatives of government agencies, business associations and companies of the EAEU countries representing various industries and branches of agriculture and interested in developing cooperation with Iranian partners and entering the Iranian market.
23 Apr 2025 Maxim Ermolovich Met with Head of Iran's Competition Authority Maxim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, held a working meeting with Seyyed Mohammad Reza Seyyed Noorani, Chairman of the National Competition Center of the Competition Council, Islamic Republic of Iran. The parties discussed prospects for expanding cooperation between the agencies, including in view of Iran's obtaining the observer state status at the Eurasian Economic Union. Maxim Ermolovich told about the relevant work carried out by the Commission. "The Commission is interested in studying the unique experience of the Iranian competition authority and using it in its activities," Maxim Ermolovich emphasized. The parties exchanged views on possible areas of cooperation. Maxim Ermolovich invited his Iranian colleagues to participate in the Eurasian Economic Forum in Minsk on June 26 this year.
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