EEC and business community representatives discussed relevant matters of developing Eurasian integration in present realities

At a meeting of the Working Group on the main directions of integration development under the Advisory Council on Interaction between the Eurasian Economic Commission and the Business Council of the Eurasian Economic Union, Sergei Glazyev, EEC Minister in charge of Integration and Macroeconomics, informed on the first results of implementing the Strategy-2025 as well as opportunities opening up for the business community, including under sanctions pressure.


"The present-day realities confirm the need to implement measures included in the Strategy-2025 related to import substitution, transition to settlements in national currencies, infrastructure development, industrial cooperation, creating the EAEU value chains and ensuring food security. Many measures from the list being implemented now to improve economic stability are correlated to the Strategy-2025 provisions", Sergei Glazyev stressed.

Besides, he called attention to expanding the geography of the Union's external partners, intensifying cooperation with the SCO, the ASEAN, and the BRICS as well as the importance of involving business communities in implementing the international agenda.
The EEC Minister informed on the Commission’s activities on preparing the main directions of the Union’s economic development until 2035, contemplating the formation of a strategic planning system within the EAEU. The document will define promising areas of long-term economic development common to all EAEU States through integrating their competitive advantages and with due regard to regularities of the global economic development.

Sergei Glazyev invited the business community to join this work. Following the event, an arrangement was reached that business associations would send the Commission their updated proposals on implementing the Strategy-2025 and developing the Union under current conditions and beyond 2025.