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29 May 2025 Bakytzhan Sagintaev held series of meetings on Astana International Forum's sidelines On May 29 in Astana, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held a series of working meetings on the sidelines of the Astana International Forum. The negotiations with Kubanychbek Omuraliev, Secretary General of the Organization of Turkic States, noted the importance of building systematic cooperation between the EEC and the OTS, and placed emphasis on the exchange of experience between the two integration associations. The meeting with Baghdad Amreev, President of the Turkic Investment Fund, discussed the issues of providing assistance to entrepreneurship across the EAEU. The conversation with Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure, touched upon the prospects of cooperation in the energy sector. Practical implementation of the Memorandum of Cooperation between the Commission and the UAE Government were considered during the meeting between Bakytzhan Sagintaev and Mohammed Saeed Mohammed Al Ariqi, Ambassador of the United Arab Emirates to Kazakhstan. There was an exchange of views with Nikolay Podguzov, Chairman of the Board of the Eurasian Development Bank, on the prospects of investment activities to strengthen the EAEU economies. The negotiations with the Deputy Prime Ministers of the Eurasian Five states — Members of the EAEU Council, discussed priority areas of cooperation within the Union in accordance with the Eurasian Economic Path Declaration and further economic dialogue with third countries.
29 May 2025 EEC Board Chairman Bakytzhan Sagintaev's greetings on EAEU Day Bakytzhan Sagintaev, Chairman of the Eurasian Economic Commission's Board, conveyed his greetings on the Eurasian Economic Union Day. This holiday, established in 2022 by the decision of the Supreme Eurasian Economic Council, is dedicated to the signing of the EAEU Agreement on May 29, 2014. Guided by this document, the Member States and the Commission have done a lot of work over the years on establishing and developing the integration association. "Since the start of the Eurasian Economic Union functioning, its total GDP has grown by 18% reaching 2.5 trillion dollars. Its economic growth figures have significantly surpassed the world average," Bakytzhan Sagintaev emphasized. Mutual trade within the Union has doubled and reached nearly $100 billion in 2024. At the same time, the share of national currencies in mutual settlements exceeded 92%. The volume of trade with third countries increased 1.4 times. Industrial output increased by 29% and agricultural output by 26%. The Head of the EEC Board emphasized that even now the Eurasian Economic Union can be called a global important pole of economic attraction. To this end, the EAEU continues to interact with dozens of countries and key regional integration associations. "A new configuration of trade, transport and logistics routes, effective distribution of financial and labor resources is the basis for economic growth of each of the EAEU countries and our integration association as a whole," Bakytzhan Sagintaev noted. The Chairman of the Commission's Board sent letters of greetings to the Heads of State and Government of the EAEU countries.
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