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27 Jun 2025 Andrey Slepnev: "Labelling of goods in the EAEU has proved its efficiency" This was stated by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, after considering the development of the system for labelling goods with identification means at the June 27 meeting of the Supreme Eurasian Economic Council in Minsk. Since 2019, a total of about 274 billion commodity items have been labeled in the Eurasian Economic Union. The proven effects are market regularization, reduced volume of counterfeit products, an increased number of lawful companies, growing profitability of bona fide producers and increased budget receipts", said Andrey Slepnev. The effect of labelling is confirmed by the data of the EAEU countries. For example, in Armenia, the increase in the number of lawful producers and importers of goods amounted to 7%. In Kazakhstan, the turnover of counterfeit tobacco products decreased by $24.7 million. In the Russian Federation, the market regularization growth reached 22% for dairy products, 36% for light industry goods, 18% for footwear, 43% for perfumes. "The Member States' budgets have also benefited significantly from the introduction of labelling. The increase in tax and duty revenues is observed across all countries and directly depends on the number of categories of goods for which labelling is introduced in each country," said Andrey Slepnev. For example, in Russia, where the maximum number of categories of goods are labeled, the additional budget revenues from the sale of labeled products amounted to $15 billion, while in Kyrgyzstan to $68 million. In Belarus, where national labelling was previously in effect, which significantly regularized the market even before the introduction of the all-Union rules, the additional budget revenues reached $4.64 million. The next step will be further improvement of the labelling system to better combat illegal products.  "The first priority is to strengthen the role of national labelling systems for controlling the legality of origin and safety of goods," emphasized Andrey Slepnev. In addition, the all-Union work will continue on the technological improvement of the EAEU labelling system and on the legal safeguarding of the freedom of movement of labeled goods.

27 Jun 2025 EAEU defined Main Directions of Economic Cooperation in Sports Today, the leaders of the Eurasian Economic Union five States approved the Main Directions of Economic Cooperation in Sports. The document, envisaged in the Strategy for Developing Eurasian Economic Integration until 2025, defines the main cooperation directions: the development of sports infrastructure, increased production of sports goods and their exchange, the development of sports industry services, including sports tourism, as well as the organization of joint forums and exhibitions. The geographical proximity of the Five countries and developed sports infrastructure are highlighted as the main factors of economic cooperation. "Together, these factors create a favorable basis for synergy and enhanced integration processes. Jointly, we will be able to provide citizens of the Union with quality sports products, develop sports infrastructure and bring economic cooperation in the field of sports to a new level," commented Bakhyt Sultanov, Minister in charge Economy and Financial Policy of the Eurasian Economic Commission.  

27 Jun 2025 EAEU summarized results of compliance with Rules for Regulating Trade in Services in 2023–2024 The Supreme Eurasian Economic Council reviewed the Report prepared by the countries' governments and the Eurasian Economic Commission on the results of monitoring the implementation by the Eurasian Economic Union States of the provisions of the Rules for Regulating Trade in Services, Incorporation and Activities in 2023–2024. The Report reflects key aspects of compliance with the Rules, in particular the application of business-friendly procedures in the states. These include regulatory impact assessment (RIA), application of the "silence implies consent" principle and introduction of a risk-based approach to business inspections. "We see positive dynamic in the incorporation of the Rules in the legislation of the participating countries. The report confirms that the implementation of conditions stipulated in the document reaches 100 percent. This is an important step toward creating transparent and comfortable conditions for business within the Union," said Bakhyt Sultanov, EEC Minister in charge of Economy and Financial Policy. The EEC Minister drew attention to the importance of implementing the principle "silence implies consent," according to which the competent public authority within the established time limit must either issue a relevant permit to the applicant or provide a reasonable rejection, otherwise the applicant automatically acquires the right to perform the activity for which the application was submitted. The Report for 2023–2024, as well as for prior periods, is available on the Commission's website.

27 Jun 2025 Supreme Eurasian Economic Council approved report on liberalizing certain EAEU service sectors A meeting of the Supreme Eurasian Economic Council adopted a report on implementing liberalization plans for certain service sectors within the EAEU. The report presents the results of the 2024 monitoring of tourism, meteorology, surveying, appraisal activities, construction and cinematography. The meeting took note of finalizing the development of administrative cooperation agreements as well as elaborating methodological recommendations for harmonizing regulation in these sectors. "The adopted report reaffirms our shared commitment to creating a common market of services without barriers. Liberalization of key sectors will open up new business opportunities and strengthen economic interaction between the Union countries. It is especially important now to focus on the coordination of methodological approaches to ensure equal conditions for all market participants," commented Bakhyt Sultanov, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission. 

26 Jun 2025 Arzybek Kozhoshev, "Today, transport is a basic condition for access to work, education, social life" The impact of transport integration on sustainable development in Eurasia was the main topic of the session "Sustainable Transport in the Eurasian Region: Mobility, Multimodality and Digitalization". The event was held in Minsk as part of the 4th Eurasian Economic Forum. "Transport and infrastructure should be accessible to all segments of the population, including residents of remote areas, with fair fees," said Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission. During the presentations, the development of digital technologies, infrastructure, international transport corridors, container and multimodal transportation was discussed in detail. The discussion also covered the issues of energy efficiency, pollution reduction and transport congestion. The EEC Minister noted that "the EAEU is consistently and dynamically moving toward implementing the sustainable transport principles. The focus is on increasing the efficiency of the Union's transit utilization, developing smart transport systems and modernizing infrastructure." The discussion brought together representatives of government agencies, business community and international organizations. The session speakers were the heads of the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia, the Ministry of Transport and Communications of the Republic of Belarus, the Ministry of Transport of the Republic of Kazakhstan, the Ministry of Transport and Communications of the Kyrgyz Republic, the Ministry of Transport of the Russian Federation and the Executive Committee of the Transportation Advisory Board of the CIS Member States, representatives of Iran. 

26 Jun 2025 Bakytzhan Sagintaev Held Negotiations with Prime Minister of Myanmar Min Aung Hlaing On June 26 on the sidelines of the Eurasian Economic Forum in Minsk, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held a working meeting with Min Aung Hlaing, Chairman of the State Administrative Council and Prime Minister of the Republic of the Union of Myanmar. The parties discussed cooperation between the Eurasian Economic Union countries and Myanmar in accordance with the Memorandum of Cooperation. "Since the signing of the Memorandum, positive dynamics has been observed on a wide range of economic agenda items of our cooperation," Bakytzhan Sagintaev noted. "The EAEU states' trade turnover with Myanmar has more than tripled in 2019–2024, exceeding $1.5 billion." The Head of the EEC Board emphasized that raising awareness with the parties about each other's trade and economic opportunities will create the necessary conditions for developing interaction. At the end of the meeting Bakytzhan Sagintaev and Min Aung Hlaing agreed that interaction between the business circles will give additional impetus to the dialogue between the EAEU and Myanmar. This will also make it possible to identify new promising areas of cooperation. The key exports of Myanmar to the EAEU countries are rice, coffee, palm oil and cocoa beans. Imports to Myanmar are dominated by mineral fertilizers, consumer goods, machinery and equipment, metals, edible oils, cement and medicines.

26 Jun 2025 Bakytzhan Sagintaev, "Joining economic potentials can multiply the effect of mutually beneficial cooperation" On June 26, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, took part in the panel session "Dialogue of Interstate Associations: Convergence of Economic Potentials and Deepening Trade and Economic Cooperation" at the Eurasian Economic Forum in Minsk. "Dialogue of integrations" is one of the main development trends of the global economy. The leaders of all five countries of the Union never fail to emphasize the importance of incorporating the Eurasian Economic Union into the global system of trade and economic relations," Bakytzhan Sagintaev emphasized.  The Head of the EEC Board noted that the Commission jointly with the Member States created the necessary infrastructure for a systemic international dialogue. There are 12 memoranda of cooperation with regional interstate associations. Dialogue with them serves as a foundation for the exchange of experience and increasing the pace of trade and economic cooperation. The Commission and the Union have an extensive network of contacts around the world, including Eurasia, Latin America and Africa. Among the key partners with which the dialogue is successfully developing are the CIS, SCO, ASEAN, Mercosur, BRICS, CICA, Andean Community, Southern Common Market, African Union, Pacific Alliance and others.   The main instrument for expanding the geography of partnership is trade agreements. They are concluded with Vietnam, Iran, Serbia, China, and negotiations on an agreement with Indonesia are at the final stage. On June 27, two more trade agreements are scheduled to be signed on the sidelines of the Supreme Eurasian Economic Council meeting — with the UAE and Mongolia. "Today the EAEU is interested not only in adopting the positive experience of other organizations in integration development. As an established association, we are ready to offer our partners our own best practices. Joining our economic potentials can multiply the effect of mutually beneficial cooperation," summarized the Head of the EEC Board.

26 Jun 2025 Bakytzhan Sagintaev, "The trade and economic dialogue of the EAEU and CICA countries is growing in importance" On June 26 on the sidelines of the Eurasian Economic Forum in Minsk, Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, held negotiations with Kairat Sarybay, Secretary General of the Conference on Interaction and Confidence Building Measures in Asia (CICA). In the course of the meeting, the issues of further dialogue between the EEC and CICA were discussed, in particular, the preparation of an action plan within the framework of implementing the Memorandum of Understanding. "We will include in the plan all promising areas of our joint actions taking into account mutual interests," Bakytzhan Sagintaev noted. Notably, the head of the EEC Board proposed to emphasize the promotion of joint initiatives in the region. Cooperation between the Eurasian Economic Commission and CICA is becoming increasingly relevant in the context of global economic processes. As a result of the meeting, the parties reached an agreement to maintain regular working contacts to develop cooperation. The Memorandum of Understanding between the EEC and the CICA Secretariat was signed in 2022.

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