27 Jun 2025 Outcomes of the Supreme Eurasian Economic Council A meeting of the Supreme Eurasian Economic Council was held in Minsk. It considered a number of significant integration agenda issues. These are such areas as improvement of the EAEU law, implementation of the Strategy for Developing the Eurasian Economic Integration, international cooperation, trade, services market development, regulation of natural monopoly entities and cooperation in the field of sports. Two important international documents were signed. The first is an economic partnership agreement with the United Arab Emirates. The second is an interim trade agreement with Mongolia. The Heads of State also considered the Main Directions of the EAEU's International Activities. Over the years, the Eurasian Economic Union's position on the international stage has been significantly strengthened. Furthermore, the Heads of State were presented with the current progress in implementing the Strategic Directions for Developing the Eurasian Economic Integration until 2025. The implementation of this document has been giving a certain impetus to integration in all key areas. The SEEC members signed the 4th Major Protocol containing amendments to the Treaty on the EAEU. The amendments are aimed at eliminating gaps in legal regulation and concern, inter alia, technical regulation, electricity, competition and financial markets. The leaders of the EAEU countries were informed about the development of goods labelling in the Union. The meeting of the Supreme Eurasian Economic Council adopted a Report on implementing liberalization plans for certain sectors of services within the EAEU. The EAEU defined the main directions of economic cooperation in the field of sports. The EAEU summarized the results of compliance with the Rules for Regulating Trade in Services in 2023–2024. The 2024 results in the field of natural monopolies regulation were presented at the SEEC meeting. The next meeting of the Supreme Eurasian Economic Council will be held in December 2025 in Saint Petersburg.
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: "Within the EAEU more than 60% of initiatives of business entities are accepted annually" Bakytzhan Sagintaev, Chairman of the Board of the Eurasian Economic Commission, took part in a meeting of the Advisory Board for Interaction between the EEC and the EAEU Business Council on June 26 in Minsk on the sidelines of the Eurasian Economic Forum. “In general, the Commission’s activities focus on creating conditions for the entrepreneurs from our countries to utilize the integration potential of the Eurasian Economic Union most efficiently. We are interested in further expansion of cooperation with the business community," Bakytzhan Sagintaev noted in his welcoming address to the event participants. The Head of the EEC Board stressed that within the EAEU a substantial legal framework has been created and long-term priorities in various economic sectors have been defined, which facilitates doing business. Moreover, the mechanisms of interaction with the business community, including the Advisory Board, established by the Commission jointly with the Union countries, help take their interests into account to the maximum extent possible. "The creation of the Advisory Board facilitated the transition to a new format of communication with entrepreneurs, which is the single window. Our dialogue now allows responding to requests from businesses quickly. In many respects due to this, more than 60% of initiatives of business entities are annually accepted and incorporated in regulation within the Union," Bakytzhan Sagintaev emphasized. The meeting discussed relevant matters of the Eurasian economic integration, including awareness raising with the business community about the EAEU industrial policy instruments and improving the protection of entrepreneurs' rights. The purpose of the Advisory Board is to ensure an effective dialogue between the Commission and the EAEU Business Council to determine the directions and prospects for developing entrepreneurship in the areas of EEC competence.
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.
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